ATLANTA – InfiCorp, the credit card bank that has been buying up smaller credit union cards portfolios, announced yesterday it has signed to issue cards for banking giant SunTrust Bans. InfiCorp., a unit of First National (Bank) of Nebraska, will begin issuing SunTrust-branded credit cards in the first quarter of 2007. SunTrust had issued its cards through MBNA, but that credit card bank was acquired by Bank of America in January. InfiCorp., which is headed by Keith Floen, the former head of CUNA Card Services, has been one of the leading acquirers of credit union card portfolios over the past five years.
Processing Content
