PORTLAND, Ore. - (10/14/04) -- Three more credit unions have agreedto sell their credit card portfolios, according to AssetExchange,which brokered the deals. Elan Financial, a unit of U.S. Bancorp.,has agreed to buy the $1.9 million portfolio of New HorizonsCommunity CU, in Denver, as well as the $1.1 million portfolio ofCalifornia Preferred CU, in San Francisco. Also, InfiCorp, a unitof First National (Bank) of Omaha, has agreed to acquire the $8.3million card portfolio of North Jersey FCU, in Totowa,N.J.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










