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Wisconsin Bank & Trust’s Commercial Card Nationally Ranked Fifth Year in a Row
Regional Marketing Officer, VP 414.394.5946
Brent Giles President and CEO 608.203.1224
WISCONSIN BANK & TRUST’S COMMERCIAL CARD NATIONALLY RANKED FIFTH YEAR IN A ROW
JUNE 29, 2020 — MADISON, WI – Wisconsin Bank & Trust, a member of Heartland Financial USA, Inc. (NASDAQ: HTLF), announced today that for the fifth year in a row it has been ranked among the top U.S. commercial credit card issuers for purchase volume growth.
The Nilson Report ranked Heartland’s commercial credit card program among the top 35 Purchasing Card programs, with over $453 million in purchasing card volume in 2019, a growth of 53.9 percent over the previous year. The Nilson Report is a leading publication covering payment systems worldwide for 50 years. Earlier this year, Heartland Financial USA, Inc. was also named by Forbes as the 40th best bank in America.
“Today, more than ever, we understand the importance for our clients to manage cash flow, maintain relationships with vendors, and negotiate favorable terms. It is an honor to be recognized as a leader in the commercial credit card space as we provide solutions that meet the needs of our clients, and the marketplace,” said Brent Giles, President and CEO. “We’re grateful to our clients for choosing Wisconsin Bank & Trust as their partner, and we remain committed to innovating solutions for today’s dynamic environment.”
Even before the pandemic, the Association of Financial Professionals 2019 Electronic Payments Survey shared that 47 percent of companies surveyed said “Cost Savings” is a top benefit of sending electronic payments, and 53 percent of companies surveyed said “Speed of Settlement” is a top benefit of receiving electronic payments. With this method of payment rapidly becoming more common, Wisconsin Bank and Trust is helping clients reduce operating costs, increase fraud protection and provide more streamlined payments processes.
About Wisconsin Bank & Trust
Wisconsin Bank & Trust (WBT), a subsidiary of Heartland Financial USA, Inc., (NASDAQ: HTLF), is a business-focused community bank with assets of more than $1 billion. With fifteen banking centers, Wisconsin Bank & Trust serves customers in the Madison, Milwaukee, Green Bay, Sheboygan, Monroe and southwest areas of Wisconsin. WBT offers a wide range of personal and business banking, private client and mortgage lending services. For more information, visit www.wisconsinbankandtrust.com or call 608.203.1214. Wisconsin Bank & Trust is a member of the FDIC and an Equal Housing Lender.
About Heartland Financial USA, Inc.
Heartland Financial USA, Inc. is a diversified financial services company with assets of
$13.2 billion. The company provides banking, mortgage, private client, investment and insurance services to individuals and businesses. Heartland currently has 114 banking locations serving 83 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. Additional information about Heartland Financial USA, Inc. is available at www.htlf.com.
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