TNB Buys More CU Cards
DALLAS - (09/14/04) -- TNB Card Services said it has signedagent issuing deals with four small Midwest credit unions, underwhich the company will buy the portfolios and manage them. Thecredit unions are: NuMark CU, Joliet, Ill.; Kansas City CU, KansasCity, Mo.; Jefferson City Highway CU, Jefferson City, Mo.; andRiverview CU, Belpre, Ohio. The total value of the four portfoliosis $10 million. TNB is a unit of credit union-owned Town NorthNational Bank. TNB has purchased more than 50 card portfolios fromcredit unions over the past year.