DALLAS – TNB Card Services said yesterday it has acquired the credit card portfolios of five more credit unions, Grafton Suburban CU, Independent FCU, Western Cooperative CU, County Schools FCU and Eastern Maine Medical FCU.
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The deals added $8.4 million in outstanding balances and 8,800 credit accounts to TNB’s portfolio.
TNB has acquired more than 45 credit union portfolios in 2007, making a total of 150 purchased in the past five years.
TNB is a wholly owned subsidiary of credit union-owned Town North Bank.
