Bank & Credit Union Partnership Program
Help your Business Customers with Customized Payment Solutions from SkyBank
For the past 10 years, SkyBank Financial has been providing community banks with merchant credit card processing services (few processors today have been around that long!). One of the primary reasons for our longevity and success is our ability to significantly grow merchant portfolios, revenues and cross selling opportunities.
Just a few of our advantages include;
- No Merchant Conversions – If you prefer, you may keep your existing merchants with your current processor for as long as you wish.
- Dedicated Representative(s) – SkyBank Financial will provide your bank with dedicated representative(s) residing in your marketing areas. Your representative(s) will provide you with full turnkey programs including training your branch personal, providing sales promotions, managing all bank leads and prospecting for new merchants.
- Exclusive Representative(s) – Your SkyBank Financial representative(s) will not represent any other financial institutions in your marketing areas for the duration of our contract.
- Local Resident(s) – Your SkyBank Financial representative(s) will be local residents, very familiar with the merchant industry and opportunities in your marketing areas.
- Highest Revenue Payout – SkyBank Financial will provide your bank with one of the highest revenue shares in the industry for every merchant lead you provide that SkyBank Financial signs.
- Extensive On-line Reporting – Your bank will have access to our on-line reporting. At any time you can manage/monitor your merchant activity with reports covering status of new merchants, sales volume, bank residuals, etc.
- Guaranteed Results – SkyBank Financial will guaranty to increase your active merchant portfolio by 100% in your first 18 months on board! With our marketing and lowest pricing guarantees we fully expect our results to be higher than 100%.
- Extensive Merchant List – Your SkyBank Financial representative(s) will have access to our exclusive Leads4U demographic database that will be utilized to generate targeted leads. With this tool we will provide your rep(s) with monthly list of merchants and new consumers that are moving into your marketing footprint. Our “new customer move in list” with potential new customers (families) will be provided to your bank and your most valued merchants monthly and “free on charge”.
- New Commercial Accounts – SkyBank Financial aggressively seeks other commercial business (loans, deposits, etc) for our banks while prospecting for new merchant card processing opportunities. Many of our banks today receive upwards of 100+ new commercial account opportunities annually from SkyBank Financial.
- Optional – Industry averages show about 35% of your commercial accounts are currently processing with competitors of your bank. Your competitors (via billing fliers, statement messages and other tactics) are going after your commercial accounts every month for new loans, deposits, etc. With your approval, SkyBank Financial will reach out to your commercial accounts currently processing with your competitors. SkyBank Financial provides this service free of charge.