TMG Card Services, the card portfolio purchasing and management arm of The Members Group, has announced the purchase its 39th and 40th CU credit card portfolio.
The two portfolios, one from the Jersey Shore Federal Credit Union in Northfield, NJ and the other from Community 1st Credit Union in Ottumwa, Iowa brought TMG Card Services more than 5,600 accounts and $11 million in receivables.
"As we pass this most recent milestone, we are proud that we continue to work with quality credit unions such as Jersey Shore and Community 1st to provide a competitive, long-term credit card product," said Jeff Russell, CEO of TMG Financial Services.
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