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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
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Louisiana’s E Federal Credit Union Partners with
TNB Card Services to Grow its Card Portfolio
Dallas – June 18, 2007 – E Federal Credit Union, the sixth largest credit union in
Louisiana, has moved its credit card processing to TNB Card Services so that it can
deliver a more flexible, scalable, and service-oriented program to its members.
E Federal Credit Union will convert more than 3,300 credit card accounts to TNB.
With eight branches, plus an operations center, the $203 million E FCU caters to more
than 21,000 members associated with ExxonMobil Corp., ExxonMobil Chemical Co.,
ExxonMobil Chemical Americas, and ExxonMobil Service Stations in Louisiana. The
credit union also serves 30 SEGs located in Ascension Parish.
"TNB’s ownership of credit card portfolios was a major reason we chose them as our
card processing partner," said Ken Bordelon, CEO of E Federal Credit Union. "We will
be able to leverage TNB’s portfolio management experience to improve card benefits for
our members, offer better member service and support, and strengthen the overall
profitability of our card portfolio."
TNB’s flexibility and pricing strategies were also key factors in the selection, Bordelon
added.
"Our issuing experience is a valuable benefit for credit unions, such as E Federal, that
want to retain ownership of their portfolios,” said Dusty Bowers, senior vice president
and national sales manager of TNB Card Services. “We are successfully managing and
growing a multimillion-dollar card portfolio. We can prove our card management
strategies work based on the portfolio we own."
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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 475 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.
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