Founded in 1825, Liberty Bank serves Connecticut and Massachusetts as one of the nation’s oldest and largest mutual banks. Its longstanding commitment to superior customer service and community involvement has allowed the bank to grow across the region. It now encompasses over 55 banking offices and holds more than $7 billion in assets.
A testament to its growth and success, Liberty Bank’s new digital bank division Owners Bank was created specifically to provide banking services tailored to the unique needs of small business owners. Owners Bank provides accountholders with enhanced rates and tools to deploy products and services more swiftly than a typical brick-and-mortar branch. It was designed to bring a high-tech, high-touch approach to small business banking through a suite of digital apps and banking services including deposit accounts, credit cards and lending.
The launch of Owners Bank made finding a partner to provide customers with a seamless and elevated digital experience imperative to the Liberty Bank team. This announcement comes on the heels of the unveiling of the Owners Bank Business Credit Card earlier this month, which was created to fill a gap in the banking industry that small business owners are facing when it comes to finding a card that meets their unique needs. Primax began providing support to accountholders upon the launch of this new offering.
“Primax’s positive reputation within the industry made it a preferred partner for Owners Bank,” said David Mitchell, founder and CEO of Owners Bank. “We felt the Primax team understood our mission and would help us deliver advanced technology-driven solutions as we embark on our digital expansion journey.”
Primax provides banks with payment processing services and an expansive array of value-added technology and solutions. The organization’s customizable solutions help banks grow their portfolios profitably and deliver an unparalleled experience to their customers.
“We are extremely pleased that Liberty Bank selected Primax to provide Owners Bank with credit processing support to help launch this exciting endeavor,” said Brian Scott, chief growth officer at Primax. “We believe our cutting-edge technology will provide Owners Bank customers with an unparalleled digital experience, while also meeting their needs and exceeding their expectations.”
About Primax
- Primax provides banks with payment processing services and an expansive array of value-added technology and solutions. Primax’s customizable solutions, including risk management, mobile and online card management, data and analytics, loyalty programs, marketing, strategic consulting, delinquency management and contact center services, help banks profitably grow their portfolios and deliver an unparalleled experience to their accountholders. With a longstanding commitment to service excellence, Primax has been designing and providing support services for banks throughout the U.S. and the Caribbean for over 40 years. For more information, visit primax.us.
Primax provides banks with payment processing services and an expansive array of value-added technology and solutions. Primax’s customizable solutions, including risk management, mobile and online card management, data and analytics, loyalty programs, marketing, strategic consulting, delinquency management and contact center services, help banks profitably grow their portfolios and deliver an unparalleled experience to their accountholders. With a longstanding commitment to service excellence, Primax has been designing and providing support services for banks throughout the U.S. and the Caribbean for over 40 years. For more information, visit www.primax.us.