CINCINNATI – Emery FCU yesterday said it will consolidate its credit card processing from two processors to one through a strategic alliance with TNB Card Services.
The $5.8 million portfolio will receive an in-depth analysis by TNB, which will enable Emery to establish new pricing so its card products can be positioned to compete with national issuers.
Emery will manage its card program with TNB’s VIP Portfolio Pro and CardStation card management tools. Emery also will offer its cardholders a customized loyalty program through Rewards2U, TNB’s rewards program. The credit union is evaluating other card options, such as the MasterCard Family Account and the MasterCard Business Card.
The $120 million credit union has set a goal of growing the cards portfolio to $8 million within 12 months.
TNB is a subsidiary of credit union owned Town North Bank in Dallas.
