Industry News
Jeff Russell may have started working with credit unions as a college freshman simply because the position at The Members Group paid better than food service, but the president/CEO of TMG Financial Services has since become a big advocate of credit unions. It's also a reason he's been named a Trailblazer 40 Below by Credit Union Times. | Dec 6, 2011
Jeff Russell may have started working with credit unions as a college freshman simply because the position at The Members Group paid better than food service, but the president/CEO of TMG Financial Services has since become credit unions' biggest advocate.
“I didn’t know anything about... > More
TMGFS Mentions
Making this possible is a partnership with TMG Financial Services, which is a sister company of The Members Group of Des Moines, a Dwolla investor. TMG is Dwolla's back office processing group, processing all of its ACH (Automated Clearing House) transfers, the ones that take up to three days – the "pain point." | Dec 15, 2011
Making this possible is a partnership with TMG Financial Services, which is a sister company of The Members Group of Des Moines, a Dwolla investor. TMG is Dwolla's back office processing group, processing all of its ACH (Automated Clearing House) transfers, the ones that take up to three days... > More
Jeff Russell posted a guest blog at www.cutimes.com. | Mar 15, 2011
Two years ago, I wrote an opinion piece for the Credit Union Times that concluded:
“So what are you going do? Sit on the sidelines, hunkered down hoping to just survive for the next year or two? Or, are you going to start taking steps to grow and capture market share that will enhance your... > More
The Credit Union Times ran a letter to the editor from TMG Financial Services president and CEO Jeff Russell in the March 2 issue of the newspaper. | Mar 15, 2011
Not all credit card portfolio partners are created equal.
In what was almost a throw-away line in the Feb. 16 Editor’s Column, it was suggested that the agent credit card portfolio at NIH Federal Credit Union’s "illustrates the credit union difference and should make credit... > More
News Releases
Dwolla, the online, location-based, social and mobile payment platform released a new feature today provided through a partnership with TMG Financial Services (TMGFS), a sister company of Dwolla partner and investor The Members Group (TMG). Called Instant, the opt-in feature gives users access to cash instantly, avoiding the two- to three-day waiting period for transfer of funds. | Dec 15, 2011
Dwolla, the online, location-based, social and mobile payment platform released a new feature today provided through a partnership with TMG Financial Services (TMGFS), a sister company of Dwolla partner and investor The Members Group (TMG). Called Instant, the opt-in feature gives users access to... > More
TMGFS has purchased a credit card portfolio from the Warren, MI-based Extra Credit Union. | Sep 27, 2011
TMG Financial Services (TMGFS) has purchased Extra Credit Union’s $16 million credit card portfolio.
“After a thoughtful examination of how we could improve our credit card program, we opted to partner with TMG Financial Services,” said Deidra Williams, president and CEO of Extra... > More
Mutual of Omaha Bank announced today it has signed a card issuing agreement with TMG Financial Services (TMGFS), a credit card agent-issuer headquartered in Des Moines, Iowa. This business relationship will allow Mutual of Omaha Bank to offer its clients best-in-class consumer and business rewards MasterCard® products.
| Aug 10, 2011
Mutual of Omaha Bank announced today it has signed a card issuing agreement with TMG Financial Services (TMGFS), a credit card agent-issuer headquartered in Des Moines, Iowa. This business relationship will allow Mutual of Omaha Bank to offer its clients best-in-class consumer and business rewards... > More
FORUM Credit Union in Indianapolis is among the first credit unions to provide their membership with an agent business credit card program from TMG Financial Services (TMGFS). | Aug 1, 2011
FORUM Credit Union in Indianapolis is among the first credit unions to provide their membership with an agent business credit card program from TMG Financial Services (TMGFS).
“The partnership with TMGFS allows us to provide our business members with an option that will enhance their... > More
TMG Financial Services is a credit card agent-issuing company dedicated to providing a credit union-centric solution that is collaborative and focuses on providing value for both credit unions and cardholders.