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Press Release - April 9, 2007

 

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

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Two Wisconsin Credit Unions Move Their Credit Card Processing to TNB Card Services

Dallas - April 9, 2007 - The value that TNB Card Services offers in its processing services and its credit union heritage were the deciding factors for two Wisconsin credit unions, the latest to choose TNB as their credit card processing partner.

EMBSLA Credit Union of Milwaukee and Superior Choice Credit Union of Superior, Wisconsin, are now TNB clients. TNB has now converted the more than 3,000 card accounts in the two credit unions' card programs to its processing system.

EMBSLA, which began as a savings and loan association in 1914, became a state-chartered credit union in 1997. It is an employer-based credit union, sponsored by Wisconsin Energy Corporation, and serves employees and their families. With 5,900 members, the credit union has $130 million in assets.

"TNB provided the best complete package, at the most reasonable price, of all the providers we looked at," said Jennifer Schilling, president of EMBSLA Credit Union. "We were also impressed by their willingness to provide marketing support after conversion, as well as their philosophy."

Schilling added that what motivated EMBSLA to switch to TNB was to achieve a better level of service for members and support for the credit union staff, as well as the availability of a greater range of new products and services.

Superior Choice Credit Union, 75 years old this year, serves residents and workers in five counties in northernmost Wisconsin - Ashland, Bayfield, Burnett, Douglas, and Iron - and Carlton County and part of St. Louis County in Minnesota. With more than 23,000 members and assets of $132 million, it changed its name in February of this year from Superior Community Credit Union.

"Our research indicated that TNB's level of service and support would be more comprehensive than that of our former processor," explained Gary Elliott, president and CEO of Superior Choice Credit Union. "Their current clients gave very favorable references, and we were attracted by the fact that TNB is credit union-owned."

Elliott added that Superior Choice is looking forward to TNB handling more of its back office operations, and offering its proven marketing support to build the credit card program.

"EMBSLA and Superior Choice credit unions were drawn to two of TNB's strengths," said Dusty Bowers, senior vice president and national sales manager of TNB Card Services. "Our superior level of service and marketing expertise, coupled with the fact that we are owned by credit unions, gives credit unions a partner they can trust with the responsibility for one of their key assets, their card program."

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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 Dusty Bowers at 800-422-0733, ext. 6555.