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07-29-2008 07:06 AM |
BIZ THREAD: FED Takeover of HMS
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Humboldt Merchant Services: ?Business Continues As Usual?
Federal takeover of parent bank will not affect accounts, bank officials state.
By: Sherri L. Shaulis
Posted: 07/28/2008
EUREKA, Calif. - Though the federal government issued word Friday it had taken over the parent bank for Humboldt Merchant Services - which provides merchant account services for several adult online companies - officials on various fronts said business will continue as usual.
Hilda Tuel, senior vice president/sales manager and an 11-plus year employee of the company, said the company was operating as normal this morning.
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