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DALLAS — A slowing market for CU card portfolios has not stopped TNB Card Services, the card portfolio purchasing and processing arm of credit union owned Town North Bank, from continuing to buy. The CUSO reports that it has purchased 45 card portfolios in 2007 and 150 overall.

The latest TNB purchases include Grafton Suburban Credit Union of Massachusetts, Independent Federal Credit Union of Indiana, Western Cooperative Credit Union of North Dakota, County Schools Federal Credit Union of California, and Eastern Maine Medical Center Federal Credit Union of Maine. This series of purchases moved more than $8.4 million in outstanding balances and nearly 8,800 card accounts under TNB’s ownership, the CUSO said.

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