General Mills FCU Signs Agent Issuer Deal With TMG Financial

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MINNEAPOLIS – General Mills FCU said yesterday it has begun a start-up credit card program with TMG Financial Services.

The $273 million credit union previously had sold its portfolio to another agent issuer, and as its existing contract expired, said it was looking for alternatives that would better meet the needs of its members.

Des Moines, Iowa-based TMG Financial, a sister company to The Members Group, currently has 55,000 accounts and more than $100 million in assets under management.

 

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