DALLAS — TNB Card Services, the card processing arm of credit union owned Town North Bank, has signed a deal to start processing the $544 million U.S. New Mexico Federal Credit Union's card portfolio.

The agreement will bring TNB a 12,000 card portfolio worth roughly $25 million, the card processor said.

TNB did not identify New Mexico's previous card processor.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.