Citing changes in some long established economic patterns and the strengths of credit union cooperation, TMG Financial Services launched a finance CUSO that will help other CUSOs fund their operations, particularly their lending.

TMG Financial Services is a subsidiary of TMG, a card processing CUSO that is affiliated with the Iowa Credit Union League.

Building on its previous success and experience with financing the purchase and management of credit union credit card portfolios, TMG Financial Services has announced it will do something similar for other CUSOs seeking credit lines.

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Lending