Seems the majority of the topics are about Sidney/Corporate and retail. Anyone have anything to say about the bank? What will happen if/when the bank is sold? Will it remain in Lincoln?
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Heard the bank has been sold. Just waiting for the right time to make the announcement.
I think the question is that if it is a major card holder that buys the bank, what use do they have for any employee at the the bank? They will already have their own marketing, acquisition, fraud, lawyers, call centers of their own.
The only thing they would need is a smooth transition. Probably retain some people if they are willing to move, but compared to their number of cardholders a bigger issuer would have, CLUB wouldn't make much of a dent.
Any what services would they really want to keep? Go try to do auto pay or an e-statement on the CLUB website and compare it to Chase or something similar. It is a joke.