ACBB - What does ACBB stand for? The Free Dictionary
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serves over 300 banks in the US as a full-service correspondent institution, and is headquartered in Camp Hill, Pennsylvania.
It was chartered in 1983 with 73 community bank shareholders investing the initial capital to form ACBB
Originally chartered in 1983 as Pennsylvania Independent Bank, ACBB
was formed from the initial capital provided by 73 community bank shareholders.
The importance of a converged network is that BITS can now deliver advanced new customer services to ACBB
community bank branches that would not have been possible before and at a significantly reduced cost and in a quicker timeframe.
What makes ACBB-BITS unique is that its target market, 500 community banks with 5,000 branch locations in New York, New Jersey, Pennsylvania, Maryland and Delaware, is already buying services from ACBB.
In creating BITS, ACBB restricted BITS to serving only ACBB shareholder banks.