Deluxe partners with Dollar Bank for merchant payment services

Deluxe Corporation (NYSE: DLX) announced a merchant services partnership with Dollar Bank to provide payment acceptance solutions for the bank's business customers, according to a company press release.

Dollar Bank, described as the largest independent mutual bank in the United States, will use Deluxe's cloud infrastructure and data access capabilities to enhance payment acceptance options for its business clients. The Pittsburgh-based bank operates 91 branches across Pennsylvania, Ohio, Virginia, and Maryland with approximately $12.2 billion in assets.

"This partnership reflects our ability to deliver tailored solutions that drive growth for financial institutions and the businesses they serve," said Brian Mahony, President of Deluxe Merchant Services.

Matt Phillips, Senior Vice President of Business Banking at Dollar Bank, stated the bank sought a partner with experience and flexibility to support customers and long-term growth. "Deluxe brings proven payments and merchant services expertise that allows us to deliver efficient merchant solutions and enhanced day-to-day support for the businesses that rely on us," Phillips said.

The partnership allows Deluxe to expand its presence in the community banking sector. Deluxe processes more than $2 trillion in annual payment volume and serves millions of small businesses, thousands of financial institutions, and hundreds of consumer brands.

Dollar Bank reported total assets of $12.2 billion, total loans of $9.5 billion, and total deposits of $9.7 billion as of November 2025, according to the press release. The 170-year-old institution provides personal, small business, and corporate banking solutions across its four-state footprint.

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