Applied Card Systems Company Description
Applied Card Systems is the servicing arm for Applied Bank (formerly Cross Country Bank), a subprime consumer lender that issues secured and unsecured credit cards to customers with dubious or limited credit histories. Applied Card Systems processes payments from and provides customer service to holders of subprime Visa and MasterCard accounts from offices in Florida and Pennsylvania. Applied Card Systems also services credit card accounts for third-party issuers. Chairman Rocco Abessinio is the founder of both Applied Card Bank and Applied Card Systems, which was formed in 1987.
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The Company Description provides a historical perspective of Applied Card Systems's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Applied Card Systems's evolution in the marketplace.
