U.S. Bancorp Adds Another CUPortfolio

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MINNEAPOLIS - (07/13/06) – Elan Financial Services said ithas acquired another credit union credit card portfolio, fromSolidarity Community FCU, in Kokomo, Ind. The portfolio consists of5,400 accounts and $8.6 million in receivables. Elan, a whollyowned unit of U.S. Bancorp., has acquired more than 50 credit unionportfolios over the past year.

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