More Deals For Credit CardPortfolios

November 30, 2004, 1:00 a.m. EST 1 Min Read

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PORTLAND, Ore. - (11/30/04) -- Credit card portfolios for creditunions rose in the third quarter to 18, from 15 for the same periodlast year, with the dollar figure rising by 26% to $359 million,according to AssetExchange, a consulting firm that tracks and helpsarrange portfolio sales. Through the first three quarters of theyear there were 47 portfolio sales by credit unions, up from 41 forthe first nine months in 2003.

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