Applied Bank, headquartered in Wilmington, Delaware, is a Delaware State Chartered Bank and an FDIC insured, Equal Housing Lender. We have been providing banking services since 1996. We have been a leader in providing secured and unsecured Visa and MasterCard Credit Cards to people with little or no credit history.
Our goal is to continually develop, expand, and retain sound consumer and commercial relationships by delivering attractive and competitive financial products and services, at an exceptional level of quality that exceeds consumer's needs and expectations.
Our Customers are our top priority. Making the most of your time and money® is more than a catch phrase…it's our business.
At Applied Bank, we know that much of our success is tied directly to the communities that we serve. Therefore, we feel a distinct responsibility to support and give back to the community that has been so generous to us time and again.
Applied Bank and its Associates have demonstrated their commitment to the community by participating in a variety of local campaigns and initiatives, such as:
- The Delaware Financial Literacy Program
- Junior Achievement
- United Way
- The Ministry of Caring
- Interfaith Community Housing of Delaware
- Opportunity Center Incorporated
At Applied Bank, we recognize that we are partners with our community. Our foundation for success begins there.
Community Reinvestment Act
Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC also takes this record into account when deciding on certain applications submitted by us.
Your involvement is encouraged.
You are entitled to certain information about our operations and performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA Performance Evaluation prepared by the FDIC; and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this information today by clicking the link to download the CRA document below.
At least 30 days before the beginning of each quarter, the FDIC publishes a nationwide list of the banks that are scheduled for CRA examination in that quarter. This list is available from the Regional Manager, Division of Compliance and Consumer Affairs, FDIC, 350 Fifth Avenue, Suite 1200, New York, NY 10118 (917) 320-2500. You may send written comments about our performance in helping to meet community credit needs to our CRA officer, Applied Bank Center, 2200 Concord Pike, Suite 102, Wilmington, DE 19803, and the FDIC Regional Manager. Your letter, together with any response by us, will be considered by the FDIC in evaluating our CRA performance and may be made public.
You may ask to look at any comments received by the FDIC Regional Manager. You may also request from the FDIC Regional Manager an announcement of our applications covered by the CRA filed with the FDIC.
The Applied Bank Community Reinvestment Act Guidelines are available via download in the Adobe Acrobat format. If you need the Acrobat Reader, click here.
Download the CRA document.