Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
TNB Card Services acquires 4.4 million in card balances
DALLAS (1/8/08)--TNB Card Services has purchased the credit card portfolios of York County FCU, Sanford, Maine; and Tower CU, Wausau, Wis., adding $4.4 million in card balances to TNB’s portfolio. York County sold its portfolio to TNB to offer more products and a rewards program to members. The credit union has $159 million in assets. “By selling the portfolio, we can now offer a more attractive card product, including a Platinum card and rewards, which we don’t have today,” said Jim Nelson, York County CEO. Tower CU sold its portfolio, which reduced risk and reallocated staff resources to support more critical aspects of its operation, said Hal Osborn, Tower CEO. Tower has $45 million in assets. TNB is a provider of electronic payments and processing.


RSS print
News Now LiveWire
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
55 minutes ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
1 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
2 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
2 hours ago
.@TheNCUA says its employees report high job satisfaction in the 2014 Federal Employee Viewpoint Survey. http://t.co/1nLUwrEqnA
3 hours ago