Credit Card Portfolio Acquisitions
Silverton Bank often pays the conversion costs to terminate your existing processing agreement.  In addition we often pay generous premiums for your existing credit card portfolio.

We also will share the ongoing revenue with your institution after the sale of your portfolio.  Silverton Bank will share a percentage of the interest and interchange income generated by converted accounts.  We will also pay you for each new approved account after the conversion.  New accounts are opened on Prime, Business and Platinum Advantage programs.

Your bank’s name and logo will be on both converted and new MasterCard and Visa cards as well as their monthly credit card statements.

Before making our formal offer, Silverton Bank will perform due diligence on your existing portfolio through the use of Equifax’s Redi-Review for your consumer accounts.  Due diligence on business accounts is normally performed on site.

Silverton Bank often pays you for each existing merchant account.  In many cases, converting to Silverton Bank eliminates having an unprofitable program.
Your bank will earn income after the conversion through revenue sharing.  We will pay your bank a portion of the discount rates that your merchants pay, and will also pay your institution for each new approved merchant account. Your bank’s name is on the merchant’s monthly billing statements, although Silverton Bank will handle all customer service and correspondence.  Your merchants will be converted to Silverton Bank Merchant Advantage program.

Before making our formal offer, we will perform on-site due diligence.



Silverton Bank, N.A. is a national banking association primarily regulated by the Office of the Comptroller of the Currency. Deposit accounts are Federal Deposit Insurance Corporation (FDIC) insured. 

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