The Bancorp Bank will discontinue all services in connection with ion prepaid debit cards, effective April 1, 2016.
All loads will discontinue effective March 2, 2016. You have until March 1, 2016 to load funds onto your card by direct deposit ACH or cash at a Moneytree branch. Loads attempted beginning March 2, 2016 will not be processed.
Use remaining balances before April 1, 2016. You have until March 31, 2016 to remove funds from your card and bring your available balance to $0.00. Funds may be removed for no fee at any Moneytree branch.
Your account will close effective April 1, 2016. Beginning on this date, the card will no longer be available for use of any kind. Any remaining positive balances will be refunded to you in accordance with the terms and conditions of your Cardholder Agreement.
We sincerely regret any inconvenience this change may cause. If you have further questions regarding your ion prepaid debit card, please refer to the number on the back of your Card.
Andrew Latimer brings over 18 years of experience in IT focused on leadership, strategic planning, software development, project management, application architecture, vendor management, and the management of offshore teams to his role as Chief Technology Officer for IPS. Andrew previously was the CTO and a founding member of 24/7 Card, a startup financial services company that raised $8M during its angel-investor round and attracted over 40,000 prepaid debit cardholders in a 12-month period. Prior to the inception of 24/7 Card, he held several key senior IT roles at PeopleSupport (NASDAQ:PSPT) and was instrumental in developing systems and processes that took PSPT from startup phase to eventual IPO. Andrew continued his key leadership roles upon PSPT’s merger with Mumbai-based Aegis Communications. The merger created one of the largest BPO companies in the world with over 40,000 employees in 13 countries. Andrew also served for 10 years as a commissioned officer in the United States Army Reserve and holds a B.S. in Engineering and MBA from San Diego State University.