#PR Newswire

“The bank that builds™,” reflects the bank’s evolution of product offerings following its acquisition of the Ally credit card portfolio and the relaunch of Ollo® credit cards. SOUTH JORDAN, Utah, Feb. 3, 2026 /PRNewswire/ — Merrick Bank, a top 20 U.S. credit card issuer and wholly owned subsidiary of CardWorks, Inc., today revealed a brand refresh featuring a […]

Ollo’s upgraded technology and customer-first design expand Merrick Bank’s suite of cards that empower consumers to take control of their credit and build their financial future SOUTH JORDAN, Utah, Oct. 1, 2025 /PRNewswire/ — Merrick Bank, a top-20 credit card issuer in the U.S. and a wholly owned subsidiary of CardWorks, Inc., today relaunched the Ollo® credit cards […]

~Acquisition enhances CardWorks’ position as leading credit card issuer and servicer~  WOODBURY, N.Y., April 1, 2025 /PRNewswire/ — CardWorks, Inc. closed the acquisition of Ally Financial’s credit card portfolio and platform today, including a team of talented individuals and 1.3 million active cardholders. Merrick Bank, the wholly-owned bank subsidiary of CardWorks, will acquire a portfolio of $2.2 billion in credit […]

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks’ position as a leading credit card issuer and servicer CHARLOTTE, N.C. and WOODBURY, N.Y., Jan. 22, 2025 /PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire […]

Dataline brings unique capabilities in payment disbursement services, data reporting and analytics, and business process automation that are additive and complementary to CardWorks Servicing WOODBURY, N.Y. and APOPKA, Fla., Jan. 3, 2023 /PRNewswire/ — CardWorks Servicing, LLC (“CWS”), a wholly-owned subsidiary of CardWorks, Inc. (“CardWorks”) and one of the largest privately-held providers of end-to-end outsourcing support services for credit card and […]