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For Immediate Release
Contact:
Jan Dailey, SVP, Marketing Manager
972-391-6191, jan.dailey@tnbcard.com
Kristine Tanzillo, Dux Public Relations
972-889-9577, kristine@duxpr.com
TNB CARD SERVICES IMPROVES DEBIT
CARD PROCESSING
FOR CONCHO EDUCATORS FEDERAL CREDIT UNION
DALLAS - October 30, 2006 - Concho
Educators Federal Credit Union has streamlined its
PIN and signature debit card processing through TNB
Card Services' single-source, full-service debit
card processing solution. The 65-year-old credit
union converted to TNB's integrated debit processing
platform in order to improve operations, enhance
card security and reduce costs.
The TNB debit processing solution enables Concho
Educators to view and manage signature and PIN debit
account information and transactions online and in
real-time. Prior to the conversion, only PIN-based
transactions were available online. Concho Educators
now saves time managing its debit card program and
has improved the efficiency and flexibility of the
program. TNB's single-source debit solution also
gives Concho Educators' members access to their
funds from more than 1.6 million ATM and retail
locations all over the world.
"Being able to manage account information
and transactions online and in real-time for our
debit card was very important to us," said
Jerry Merrill, CEO of Concho Educators Federal
Credit Union. "We can also apply better
security measures by processing our debit cards on a
single platform. This is a real bonus, considering
the increased risk of debit card fraud."
Concho Educators Federal Credit Union serves more
than 6,400 members throughout San Angelo Texas and
the Concho Valley. The credit union historically
served strictly the education field until this year,
when it expanded its field of membership to include
the underserved population living in Tom Green
County. With assets of $43 million, the credit union
has three full-service branches located in San
Angelo.
-t-t-
About TNB Card Services
TNB Card Services, owned and directed by credit
unions since 1976, provides electronic payments
processing, as well as an agent issuing solution for
credit unions nationwide. Serving more than 450
financial institutions and managing more than 1.6
million cards, Dallas-based TNB enables credit
unions to enhance member loyalty through credit
union-branded card products. For more information
about TNB, go to www.tnbcard.com or call
1-888-742-0260.
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