Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

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
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
11 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
12 hours ago
.@growfinancial's #salsa sensation spices up seed giveaway #NewsNow http://t.co/rKmWVwwzot
12 hours ago
.@TheNCUA Office of Small CU Initiatives soon--maybe Nov.--will launch website for #CUs 2 research #creditunion vendors or service providers
12 hours ago
.@TheNCUA says late 2Q Call Report filers 2 pay total of $17,111 in penalties.Individual penalty range is $52 to $1,824;median is $256. 2of2
13 hours ago