Redstone Federal Credit Union partners with TMG for card processing and support
DES MOINES, IA (December 18, 2015) — Alabama’s largest credit union, Redstone Federal Credit Union, has named TMG (The Members Group) as its credit card processing partner.
Redstone FCU, based in Huntsville, Ala., brings 80,000 credit cards to TMG for full-service processing. With an objective to grow and enhance its payments portfolio, the nearly 385,000-member credit union is looking to TMG for everything from marketing and card member support to data analytics and fraud prevention. The credit union also plans to utilize TMG’s EMV, tokenization and digital wallet expertise to expand its payments capabilities.
According to Terri Bentley, Redstone’s vice president of technology, the credit union is focused on using the most technologically advanced methods available to create exceptional consumer experiences. “TMG’s ability to integrate technology into our existing systems is precisely what we need to take our payment programs to the next level, ultimately providing more choices, opportunities and solutions to our members,” said Bentley.
“Payments are a battleground for consumer loyalty,” said Chris Gunnare, TMG senior vice president of growth. “Redstone is a very progressive, forward-thinking credit union that not only understands this but is setting the pace for other community financial institutions fighting to maintain that loyalty in an intensely competitive marketplace.’’
About TMG
TMG is dedicated to creating customized, technology-driven card processing and payment solutions for credit unions and community-based financial institutions across North America. Innovations in fraud management, loyalty programs, alternative payment systems and analytic reporting, and the competitive advantages they create, have helped TMG forge a new standard in offering cutting-edge credit, debit, ATM, prepaid card products and a P2P payment solution. For more information, visit www.tmg.global.
About Redstone Federal Credit Union
Redstone Federal Credit Union is a federally chartered credit union headquartered in Huntsville, Alabama. With nearly 385,000 members and more than $3.8 billion in assets, Redstone is the largest credit union in Alabama and among the 25 largest federal credit unions in the nation. For more information, visit www.redfcu.org.
