Press Kit & Facts
Below is an overview of who CBE is and some quick facts for a snapshot overview.
For more information, review our About section.
The CBE Group has been in the credit information and accounts receivable management business since 1933. The company serves a variety of organizations throughout the United States, including guaranty agencies, colleges and universities, healthcare organizations, financial institutions, satellite and telecommunications companies, goverment agencies and utilities.
Founded as Credit Bureau of Black Hawk County
Name change to Credit Bureau of Waterloo
Acquired Credit Bureau of Cedar Falls and becomes Credit Bureau of Waterloo-Cedar Falls
Expansion throughout the Midwest
Thomas R. Penaluna purchased the company and still serves as the President/CEO and owner
Opened West Des Moines, Iowa location.
Credit Bureau of Waterloo-Cedar Falls incorporates and becomes Credit Bureau Enterprises, Inc. (CBE)
The company diversifies its service offerings and becomes The CBE Group, Inc.
CBE Group sold its credit reporting division to Equifax to focus on debt recovery.
CBE Group opened its dedicated government services location
CBE Group opened its Atlanta, GA location
CBE Group celebrated 75 years in business
CBE Group opened its Overland Park, KS location
CBE Group introduced a new corporate brand and tagline
CBE Group moved its corporate headquarters to a new, larger facility in Cedar Falls, IA
Thomas R. Penaluna, President and Chief Executive Officer
Total headcount: Nearly 1,000
Cedar Falls, Iowa
Overland Park, Kansas
Metro Manila, Philippines