Stay Informed with CUTimes

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

From the March-21, 2007 issue of Credit Union Times Magazine • Subscribe!

Louisiana CU Moves Card Processing to TNB

DALLAS -- The $85 million LA DOTD Federal Credit Union, headquartered in Baton Rouge, has moved the processing of its 4,000 credit cards and 5,400 debit cards to TNB Card Services, the card processing arm of Town North Bank reported.

Cary Anderson, president/CEO of LA DOTD FCU, said the credit union had become increasingly unhappy with its previous payment processor and decided it was time for a change. "TNB has a solid reputation in the market for providing great service and for its processing capabilities," Anderson said. "I was already very familiar with TNB, so they were the first people we called when we decided to change."

Moving to TNB, Anderson added, "should mean a better quality service for our members and a better rewards program. Also, from the credit union side, we expect an improvement in the processing, with enhanced reporting capabilities and a more user-friendly interface into their system."

LA DOTD Federal Credit Union has 15,500 members and assets of $85 million. It is converting its PIN and signature debit and credit card processing to TNB.

"Like so many other credit unions have done recently, LA DOTD FCU turned to TNB for card processing for three key reasons: our reputation for quality customer service, our unmatched payments processing capabilities, and our user-friendly system," said Dusty Bowers, senior vice president for TNB Card Services. "They know we will deliver the best possible card program in the credit union industry for their members."

The credit union's previous processor had been Fidelity National Information Systems. The credit union won an award from Card Services for Credit Unions, the association of credit unions that process with FIS, for its public relations effort in card marketing in March 2004.

Comments

More News

Resource Center

View All »

Winning the War on Cybercrime: The Four Keys to Holistic...

This white paper examines the importance of adapting to changes in fraud attacks without significant...

FFIEC Proposed Guidance on Social Media and How it Affects...

To learn how you and your institution can stay compliant with the new proposed FFIEC...

The Rise of "Mobile Commerce" and How it Affects YOU!

Could plastic cards become a thing of the past? This white paper explains what constitutes...

Key Indicators of High Performing Credit Unions

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.