WILMINGTON, Del.--(BUSINESS WIRE)--Jan. 30, 2006--The Bancorp Bank ("Bancorp"), a wholly-owned subsidiary of The Bancorp, Inc. (NASDAQ NM:TBBK), is pleased to announce the creation of private label business checking services for business credit card customers of Advanta Bank Corp. ("Advanta"), a wholly-owned subsidiary of Advanta Corp. (NASDAQ:ADVNB; ADVNA).

Advanta, one of the nation's largest issuers of MasterCard business credit cards to small businesses, entered into the relationship with Bancorp in order to meet the growing needs of its customers. Advanta's business credit card customers will have the ability to open business checking accounts provided by Bancorp through its private label banking platform under the name My Business Checking, which includes complete online business checking account access and an Automated Clearing House transfer service using Bancorp's exclusive E-Money Mover transfer service.

"Our organizations have similar philosophies and each provides quality products and customer service that utilize cutting edge technologies. We will be supplying Advanta with a customized solution that supplies the world class service their customers have come to expect, including 24/7 business checking account access, customizable balance notifications and bill payment and presentment. Customers will have the ability to access their business checking account information when they want it and in the format they need it," said Frank M. Mastrangelo, President of The Bancorp Bank.

The new services are expected to be available to Advanta Bank Corp.'s business credit card customers in early 2006.

About The Bancorp Bank

The Bancorp Bank ("Bancorp"), a wholly owned subsidiary of The Bancorp, Inc., is an FDIC- insured commercial bank that delivers a full array of financial services and products through private label affinity programs nationwide. Bancorp, through Philadelphia Private Bank (www.philadelphiaprivatebank.com), its regional community bank division, serves the needs of small and mid-size businesses and their principals in the Philadelphia-Wilmington region.

About Advanta Corp.

Advanta focuses on the small business market and related community, providing funding and support to the nation's small businesses and business professionals through innovative products and services. Using its direct marketing and information based expertise, Advanta identifies potential customers and provides a high level of service tailored to the unique needs of small businesses. Advanta is one of the nation's largest issuers (through Advanta Bank Corp.) of MasterCard business credit cards to small businesses. Since 1951, Advanta has pioneered many of the marketing techniques common in the financial services industry today, including remote lending and direct mail, affinity and relationship marketing. Learn more about Advanta at www.advanta.com.

    CONTACT: The Bancorp Bank
             Andres Viroslav, 215-861-7990

    SOURCE: The Bancorp Bank