Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
TNB buys CUs card portfolio
DALLAS (8/21/08)--1st CU of Gainesville, Fla., sold its $4 million card portfolio to TNB Card Services. The sale aims to provide 1st CU members with a more competitive card offering and strong rewards program. TNB Card Services, based in Dallas, provides electronic payments processing for credit unions nationwide. “As the economic environment changed last year, we realized in order to offer our members a robust card product and to be able to compete, we were going to have to make major changes to our card program,” said Wendy Richter, chief financial officer, 1st CU. “TNB’s partnership approach allows us to continue to market the card under our brand, and share in some of the decisions about the portfolio,” she added. 1st CU has assets of $44 million.


RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
1 hour ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
21 hours ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 day ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
1 day ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
1 day ago