Association Capital Bank Adds Service For Homeowner Associations

Top Quote Association Capital Bank (ACB), a Division of Texas Capital Bank, now offers electronic homeowner and condominium association payment assessments by partnering with Revo Payments. End Quote
  • (1888PressRelease) January 28, 2011 - Dallas - Association Capital Bank (ACB), a Division of Texas Capital Bank has recently partnered with Revo Payments to offer electronic Homeowner and Condominium Association payment assessments. Associations or professional association managers that bank with ACB will now have the ability to collect credit card and eCheck payments, one time and recurring, via the Internet. This capability will provide additional opportunities for Association Capital Bank to improve their client's cash flows while reducing manual processing costs and enhancing payment integration and reporting.

    "Association Capital Bank is committed to partnering in the advancement of common interest communities", said John Sullivan, Senior Vice President of Product Management for Association Capital Bank. "We are excited about our new partnership with Revo and the broad product offering they provide in this area."

    "I look forward to working with Association Capital Bank and growing their association portfolio, together we have made a long term investment into this industry and are confident that we can grow ACB's portfolio ten-fold" said Kurt Strange, VP of Business Development for Revo Payments.

    About Association Capital Bank

    Association Capital Bank, a division of Texas Capital Bank, provides a complete product and service solution set for associations and association managers to help save them time and money through the use of the latest technologies and unparalleled customer service. Texas Capital Bank is the primary subsidiary of Texas Capital Bancshares (NASDAQ: TCBI). For more information, visit
    www.associationcapitalbank.com or contact us at 855 HOA 4ACB (462.4222).

    About Revo Property Pay

    Revo Property Pay is a national provider of online rent and HOA payment software for property managers, homeowner associations, and rental communities. Founded in 2003, Revo Property Pay delivers the most complete solution that easily enables communities to accept online rent payments and online HOA payments by credit card, debit card and electronic check (e-check). Revo Property Payments' goal is to make it simple, fast, and secure for renters and homeowners to make their rent and HOA payments online, so communities get paid on time. Revo Property Pay is a service of Revo Payments, a developer of industry-focused commercial epayments software. Learn more at www.revopropertypay.com.

    Media Inquiries

    Association Capital Bank
    John F. Sullivan
    SVP Treasury and Liquidity Solutions
    Phone: (214) 932-6631
    john.sullivan ( @ ) texascapitalbank dot com

    Revo Payments
    Jose Corbera
    Phone: 305-252-8297 x114
    jcorbera ( @ ) revopayments dot com
    www.revopayments.com

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