TMG Financial Services, the card portfolio purchasing arm of The Members Group has some card portfolios in which it hopes some credit unions will want to invest.
TMG is as card processing CUSO associated with the Iowa Credit Union League.
TMGFS is offering credit unions the second of its Collateralized Advance Plan offering, a mechanism through which credit unions can invest in the CUSO's roughly $32 million portfolio of credit union issued credit card loans.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 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.
