The strategic partnership between The MembersGroup and CO-OP FinancialServices moved another step forward on Thursday when CO-OPannounced it would start offering TMG's reloadable prepaid card toits member credit unions.
|CO-OP Financial Services already offers a line of single loadprepaid cards under its own brand, as does TMG.
|“The goal of our partnership with TMG is to offer the bestproducts for each client's unique needs,” said Stan Hollen,president/CEO of CO-OP Financial Services in Rancho Cucamonga,Calif.
|“The TMG program is a very attractive way for our clients toprovide their members and non-members with a versatile reloadableprepaid card,” Hollen said.
|“A full-service, team-approach to client support is at the heartof this initiative,” said Shazia Manus, CEO of TMG in Des Moines,Iowa. “CO-OP can now introduce credit unions to a robust,well-established reloadable prepaid program that is handled by ourTMG retail payments product team.”
|The organizations said credit unions that adopt the TMG productwill sign contracts directly with TMG, who will be responsible forsales, implementation, support and invoicing.
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