AFTRA-SAG FCU Sells $12 Million Cards Portfolio to TNB

DALLAS – TNB Card Services said yesterday it has acquired the $12 million credit card account from AFTRA-SAG FCU in another agent issuer deal. Credit union-owned TNB, which now manages cards programs for over 130 credit unions, has moved steadily into larger portfolios, acquiring in recent weeks the $8 million portfolio of Island FCU, the $15 million portfolio of CME FCU, and A+ FCU’s $16 million in cards receivables. AFTRA-SAG FCU was founded in 1962 to serve members of the American Federation of Television and Radio Actors and the Screen Actors Guild, the unions for Hollywood actors.

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