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TMG Financial Services appoints Jon Sarvis as CEO

Monday 21 October 2013 10:16 CET | News

TMG Financial Services (TMGFS), a credit card agent issuer and a sister company of The Members Group (TMG), a credit union service organization, has appointed Jon Sarvis as Chief Executive Officer (CEO).

Previously, Mr. Sarvis has held the position of Chief Financial Officer (CFO) at TMGFS. Prior to that, he has served as finance manager at Wells Fargo Home Mortgage and before that was senior vice president at Iowa Corporate Central Credit Union.

TMGFS partners with credit unions, community banks and member-based associations and has approximately 70,000 card members and USD 140 million in assets under management. In addition to its credit card program, TMGFS manages Credit Union Structured Finance, which assists credit union service organizations in obtaining access to funding at competitive rates.

In recent news, three credit unions have named The Members Group as their new credit card processing partner.


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Keywords: TMG Financial Services (TMGFS), The Members Group (TMG), Jon Sarvis, CEO, credit card agent issuer, credit unions
Categories: Payments & Commerce
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