10 More CUs Sell Card Portfolios to InfiCorp, TNB

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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.

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