Kreiss Collection Furniture Retains Sca To Develop And Manage Private Label Credit Card

Furniture World Magazine

The Kreiss Collection has selected Shoppers Charge Accounts Co. (SCA), a division of Hudson United Bank of Mahwah, N.J., to develop and administer its private label credit card program. Headquartered in San Diego, Kreiss is a manufacturer and retailer of upscale furniture and home accessories, with 19 showrooms throughout the United States in locations such as Southhampton, N.Y.; New York City; Palm Desert, Calif.; Scottsdale, Ariz.; Chicago; and Washington, D.C. The new Kreiss Collection credit card will offer cardholders special privileges, such as 90 days interest-free from the time of purchase and early notification of new collections and promotional events. SCA services brick-and-mortar and catalog retailers, who also have e-commerce businesses, throughout the U.S. The company acquires retailers’ receivables or will develop private label credit card programs for merchants who currently don’t offer a house charge. In both situations, SCA assumes responsibility for generating customers’ billing statements; managing credit, collection, and lockbox functions; and creating customized marketing programs. Ranked among the nation’s largest private label credit card companies, SCA is a division of Hudson United Bank, a subsidiary of Hudson United Bancorp (NYSE: HU). Hudson United Bancorp is a $7 billion asset company with over 200 branch offices in New Jersey, Connecticut, New York, and Pennsylvania. Hudson United Bancorp’s subsidiaries offer a full array of innovative products and services to commercial and retail accounts, including imaged checking accounts, 24-hour telephone and Internet banking, loans by phone, alternative investment products, insurance products, private label credit cards programs and a wide variety of commercial loans and services including asset based loans, SBA loans, international services and cash management services. Wealth management services are also provided to individuals and businesses. Public sector products and services are provided to local and state governments, municipalities, educational institutions, civic and not-for-profit organizations.