Elan Buys CU Cards

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MINNEAPOLIS - (05/03/05) -- Elan Financial Services, a unit ofUS Bancorp, said it has acquired two more credit card portfoliosfrom credit unions. They are from Bellco FCU, Wyomissing, Pa., with$1.5 million in receivables and 1,040 accounts; and LakeshoreCommunity CU, Avon Lake, Ohio, with just $365,000 in receivables.Both deals were brokered by Keesler Financial Services ofBoston.

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