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TNB Card Services Picks Up Another Credit Union

DALLAS -- TNB Card Services, the card processing arm of credit union-owned Town North Bank, has announced that another CU has moved its card processing to the CUSO.

By David Morrison | Updated on April 22, 2008

DALLAS — TNB Card Services, the card processing arm of credit union-owned Town North Bank, has announced that another CU has moved its card processing to the CUSO.

The $197 million State Employees Credit Union of New Mexico made the switch, TNB said, citing the need to grow its credit card portfolio and enhance its pricing structure. With limited marketing options from its previous processor and the inability to offer risk-based pricing, State Employees CU was looking for a processing partner that could bring energy and marketing expertise to its program to fuel card growth, TNB said.

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