The Bancorp ESG program is vertically integrated and embedded in our existing reporting structures through our Board of Directors, ESG Committee, and ESG Working Group. By promoting and implementing ESG initiatives we are developing a positive focus on ESG culture throughout our organization.
COMPREHENSIVE RISK MANAGEMENT
As a federally insured financial institution, risk management is core to The Bancorp business model. Accordingly, we have developed robust Enterprise Risk Management and Third-Party Risk Management Programs to identify and reduce potential risks internally and with our business partners, suppliers, and vendors.
ETHICAL BUSINESS PRACTICES
The Bancorp is committed to providing quality financial services to consumers. As such, we conduct business fairly and responsibly under our legal, ethical, and regulatory requirements. We also have a formal documented Code of Ethics and Business Conduct to ensure ethical business practices across our organization.
CONSUMER PROTECTION
The Bancorp seeks to build customer trust and satisfaction with our service offerings. We have a rigorous compliance program to communicate our products and services honestly and transparently. We've also implemented internal and third-party data controls to ensure our customers' information privacy and security.
BOARD COMPOSITION
33%
Women
16%
Racially or Ethnically Diverse
92%
Independent
9YRS
Average Tenure
Statistics accurate as of year-end 2021.
MAINTAINING ETHICAL & TRANSPARENT BUSINESS PRACTICES
Learn more about The Bancorp's governance model in our ESG Report.