Corporate credit unions

Unit Of Iowa League, Corp. Acquires 3 Card Portfolios

Published February 04, 2008, 1:00 a.m. EST

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Updated August 27, 2020, 1:25 a.m. EDT

1 Min Read

DES MOINES, Iowa - TMG Financial Services has acquired three credit union card portfolios. Selling their portfolios were St. Cloud FCU, St. Cloud Minn., MEMBERS1st Community CU in Marshalltown, Iowa, and Wyo Central FCU in Casper, Wyo. In all, the acquisitions represent $6.3-million in account balances and 5,000 total accounts. TMG Financial Services, which launched an agent program in mid-2007, is an affiliate of The Members Group, which is jointly owned by the Iowa league and Iowa Corporate. (c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com

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Corporate credit unions

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