Mutual of Omaha Bank, a $5 billion bank subsidiary of the Mutualof Omaha insurance company, has signed on with TMG FinancialServices as an agent issuer to launch a consumer and businesscredit card program.

|

TMGFS is the card portfolio purchasing and agent issuing arm ofThe Members Group, a financial services CUSO affiliated with theIowa Credit Union League that already is the agent issuer for a Florida-based bank.

|

“Mutual of Omaha Bank looked at several providers in the cardissuing arena. Conducting this type of due diligence assisted us inselecting the most compatible long-term provider,” said MattMinchow, executive vice president, National Products, at Mutual ofOmaha Bank.

|

“With TMGFS, along with its processing partners The MembersGroup, First Data and MasterCard, we found the perfectconsumer-friendly credit card solution. We know we can count onthis team to represent our brand in the marketplace,” Minchowsaid.

|

Jeff Russell, TMGFS CEO, said, “We have learned importantlessons from our card members and financial institution clients that we bring to this newbusiness relationship. It was obvious from the beginning thatMutual of Omaha Bank was looking for a top-level solution that canprovide their customers with a competitive credit card program thattruly puts the card member first.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.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.