Ten more credit unions have sold their card portfolios, representing approximately $56 million in total outstandings. The sale was brokered by AssetExchange here. Selling their portfolios to InfiCorp were Old Hickory Credit Union, Tennessee; Sun Community FCU, California; Triangle CU, New Hampshire; Community Financial FCU, Colorado; and Guardian CU, Wisconsin. Selling their portfolio to credit union-owned TNB Card Services, Dallas, were Advantage Plus FCU, Idaho, and Windsor Locks FCU, Connecticut. Asset Exchange said the identities of three other CUs selling their cards would remain undisclosed.
10 More CUs Sell Card Portfolios to InfiCorp, TNB
February 07, 2005, 1:00 a.m. EST 1 Min Read
