DALLAS — TNB Card Services, the credit card processing arm of credit union owned Town North Bank, has looked to a major bank for its latest executive. The organization, announced it has hired Phil Davis, most recently a senior vice president with Citigroup's Credit Services Division, as senior vice president with TNB.

Davis' responsibilities will include focusing on cardholder operations such as credit underwriting, member servicing fraud, collections and recovery and compliance, TNB said.

At Citigroup Davis was a senior vice president in the Citicorp Credit Services division. There he was responsible for building and directing the team that supported The Home Depot's commercial credit business. He has also held executive positions in the card services division of Bank of America and the outsourcing division of NCO Financial Systems.

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"In addition to his extensive experience in the credit and payments arenas, Phil Davis brings strong management skills in risk control, compliance, and conversion management," said Scott Wagner, executive vice president of TNB Card Services. "This will enhance our abilities to continue the strong growth of both TNB and our clients."

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