The Bancorp (NASDAQ:TBBK) announces the appointment of Gail Ball as Executive Vice President and Chief Operating Officer, effective March 30, 2015.

Gail Ball, EVP, Chief Operating Officer, The Bancorp (Photo: Business Wire)

Gail Ball, EVP, Chief Operating Officer, The Bancorp (Photo: Business Wire)

“It’s my privilege to welcome Gail Ball to The Bancorp,” said Frank M. Mastrangelo, President and Chief Executive Officer. “Gail’s many years of experience in different banking disciplines have made her uniquely qualified to help us meet the challenges The Bancorp faces in the ever-changing worlds of financial services and payment technologies. We’re all looking forward to welcoming and working with Gail.”

Most recently the Head of the Payment Studies Group of the Federal Reserve Bank of Richmond, Gail Ball has an extensive background in operational strategy design/implementation, as well as in payment/credit card/treasury/trust services. Prior to joining the Federal Reserve Bank, she held senior management positions at Capital One, NCO Financial Services, First USA, PNC Bank and Mellon Bank.

“I am thrilled to have joined The Bancorp,” expressed Gail Ball. “Having the opportunity to focus on operational excellence within one of the most innovative financial service companies is truly a tremendous opportunity. I am energized and excited to get underway.”

About The Bancorp

With operations in the U.S. and Europe, The Bancorp (NASDAQ: TBBK) is dedicated to setting a new standard in financial services and payments innovation. The Bancorp specializes in providing private-label banking and technology solutions for non-bank companies ranging from entrepreneurial start-ups to those on the Fortune 500. The Bancorp Bank, one of The Bancorp’s financial institutions, has been recognized as a National Preferred SBA Lender, a top custodian of Health Savings Accounts, a top ACH Originator, one of the nation’s largest credit card transaction acquirers and is the leading issuer of prepaid cards. For more information please visit www.thebancorp.com.