WebBank

WebBank

WebBank ('the Bank"), is a Utah chartered Industrial Bank headquartered in Salt Lake City, UT. Since inception in 1997, WebBank has originated and funded over $150 billion in consumer and commercial credit products. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through Strategic Partner platforms.

WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank is also a capital provider to Brand platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly-owned subsidiary National Partners.
Claimed Profile
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Info

Year founded
1997
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URL
www.webbank.com
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Corporate Address
215 S State St
Ste 1000
Salt Lake City
84111
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Utah
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Operating Status
Active
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Number of employees
51-200
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Bank type
State
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Charter
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Financials

Total assets
2517462000
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Assets concentration
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Net income
56952000
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Net income - quarterly
20653000
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Return on assets (ROA)
2.4541029911427015
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Asset Concentration Hierarchy
4
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Fintech program & Technology

Sponsor model
Both
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CRM Software
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Core Provider
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Side-Core Provider
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Loan origination software
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Bin sponsor
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Card Networks
Visa
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Network Processor
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Preferred account structure
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Services
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Checking
Debit Card
Savings
Credit Card

Regulatory & Other

Regulated by
FDIC
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Contacts

Contacts
James Petersen
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Testimonials

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