Juniper Bank began out an exceptional online bank. It is a privately cashed bank, whose USP is bank card, which was initially taken care of under the Juniper Financial Corporation brand name. Jim Stewart and also Richard Vague are the major executives of the Juniper bank, as the president and also CEO specifically, who likewise initiated the establishment of the bank.
Products Delivered by the Juniper Bank
Juniper Bank’s key as well as main concentration is platinum card. It even delivers checking as well as savings account along with invoice payment resource. The bank also gives credits and insurance in cooperation by having its loved ones.
After being obtained by Barclaycard PLC, the Juniper Bank’s main purpose is providing as well as managing Barclaycard credit cards in the US. The bank does the identical in cooperation with a variety of nationwide and worldwide company venues, which features:
- Barnes and Noble
- China Airlines
- Harvard Alumni Affiliation
- Midwest Airlines
- Performance Bike
- Spirit Air
- US Airways
- Trajectory of Juniper Bank
An effort of some managers of the ‘Very first USA Bank’, Juniper Bank was officially built on October 24, 2000 in Wilmington, Delaware. Although, it gave different monetary items and services online, featuring savings, checking account and credit, debit cards. Less than two months since its creation, the Juniper Bank had the ability to get relating to 50,000 consumers, with over $ 100 thousand as card receivables. Juniper in time adopted credit cards as its principle product for purchase.
Juniper Bank’s Affiliation with Barclays
In 2004, the bank was marketed to Barclays Bank PLC and relabelled Barclay Bank Delaware. Afterwards, the Juniper bank’s single responsibility emerged to oversee Barclay credit cards as well as marketing them in the US. Juniper Bank was acknowledged as the ‘fastest growing’ credit card company in 2005 in the US.
By 2008 Juniper and Barclay’s commenced running MasterCard and Visa accounts and turned into one of the top 10 credit card companies in the US.