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Target Receivables Corporation · Minneapolis, MN United States

1000 Nicollet Mall,
31st Fl., Ste. 3136		Phone: 612-696-3102
Minneapolis, MNFax: 612-307-6237
55403
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Target Receivables Corporation Rankings

Company Description

Did you ever wonder what happens after you swipe that plastic with the bulls-eye logo on it? Target Receivables Corporation pools consumer receivables generated by Visa and Target-branded credit card accounts issued and serviced by Target National Bank. (Both companies are subsidiaries of the second-largest discount retail chain in the US, Target Corporation, whose corporate mark is red-and-white concentric circles.) Through another affiliate, Target Credit Card Master Trust, institutional investors can participate in portfolios of outstanding consumer debt that are securitized by Target Receivables Corporation, thereby mitigating some of Target's credit default risk.

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Financials

Company TypeSubsidiarySingle Location
Fiscal Year-EndJanuary
Employees2

Executives

3 executives listed for Target Receivables Corporation's Minneapolis, MN location.

President and DirectorDouglas ScovannerE-mail
VP and DirectorTerrence ScullyE-mail
VP, Treasurer, and DirectorCorey HaalandE-mail

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