Noted Card Executive Leaving Credit Union Industry
Jeff Russell, long time card executive and innovator with TMG Financial Services is leaving the card business to take a position as CEO of a dental insurance firm.
Russell is one of the credit union executives recognized by Credit Union Times as a Trailblazer 40 Below in 2011.
TMG Financial Services is the card portfolio purchasing and issuing side of The Members Group, a payments CUSO affiliated with the the Iowa Credit Union League.
TMG FS allows participating credit unions to invest in its card portfolio purchasing and issuing business.
Patrick Jury, chairman of the boards of both the Iowa Credit Union League and TMG FS, said Russell's last day would be April 26 and that he would assume the position of interim CEO until a search process for a permanent replacement is completed.
Russell had worked with TMG in a variety of capacities since originally beginning as an intern. Russell will become the CEO of Delta Dental of Iowa.