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Two More CUs Sell Portfolios To TNB Card Services

TNB Card Services, the card portfolios purchasing and servicing arm of credit union-owned Town North Bank, has announced the purchase of two more credit union card portfolios.

By David Morrison | Updated on January 15, 2008

DALLAS – TNB Card Services, the card portfolios purchasing and servicing arm of credit union-owned Town North Bank, has announced the purchase of two more credit union card portfolios.

York County Federal Credit Union of Sanford, Maine, and Tower Credit Union of Wausau, Wis. have sold their portfolios to the CUSO and entered into agent relationships with it, TNB said. The purchase brings $4.4 million in card balances to TNB’s portfolio.

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