Merrick Bank

Merrick Bank is an FDIC-insured Utah Industrial Loan Bank and part of CardWorks, Inc. It operates three business lines: credit cards, recreational lending and merchant services. The bank's activities span consumer loan servicing, credit card servicing, the origination and servicing of installment loans, and the purchasing of loan assets.

Its credit card business includes secured cards. Through recreational lending, the bank provides secured installment loans for RVs, boats, trailers and similar products, originated via dealer partners. Under Flow Lending, it purchases consumer loan assets originated and serviced by other lenders, while merchant services forms the third of its main business lines.

Operational servicing is delivered through CardWorks, which handles end-to-end functions for credit cards, secured cards and installment loans, covering consumer and small business loans across the credit spectrum. The bank's presence is concentrated in the United States, with its Utah base.

Merrick Bank states that building meaningful, long-term relationships with consumers, employees and clients is central to its mission.