Largest U.S. Visa and MasterCard Issuers (Corrected)
May 13, 2005, 10:08 a.m. EDT 1 Min Read
View Table
Printer Friendly Version
Largest U.S. Visa and MasterCard Issuers (Corrected)
| |||||||||
Published May 13, 2005 | |||||||||
Rank | Issuer, state of issuance | Outstandings (dollars in thousands) | Number of active accounts | ||||||
2004 | 2004 rank | 2003 rank | Change | 2004 | 2004 rank | 2003 rank | Change | ||
1 | JPMorgan Chase Del. | $134,700,000 | 1 | 4 | 159% | 42,966,000 | 2 | 5 | 159% |
2 | Citigroup S. Dak., Nev., Md. | 115,950,000 | 2 | 1 | 2 | 47,880,000 | 1 | 1 | |
3 | MBNA America Del. | 82,118,000 | 3 | 2 | -4 | 21,199,900 | 4 | 2 | |
4 | Bank of America Ariz. | 61,093,331 | 4 | 6 | 60 | 18,773,613 | 3 | 6 | 46 |
5 | Capital One Va. | 53,024,074 | 5 | 5 | 6 | 24,429,600 | 5 | 3 | 2 |
6 | HSBC Bank N.Y. | 19,670,000 | 6 | 7 | 1 | 13,870,000 | 6 | 7 | 1 |
7 | Providian Calif., N.H. | 18,536,000 | 7 | 9 | 9 | 8,726,000 | 7 | 9 | 4 |
8 | Wells Fargo Nev. | 13,455,518 | 8 | 10 | 5 | 2,789,009 | 9 | 11 | 10 |
9 | U.S. Bancorp N. Dak. | 10,578,520 | 9 | 11 | 7 | 4,056,027 | 10 | 12 | 7 |
10 | USAA Federal Savings Nev. | 7,104,688 | 10 | 13 | 26 | 1,956,000 | 12 | 15 | 4 |
11 | Direct Merchants (Metris) Ariz. | 6,500,000 | 11 | 12 | -20 | 2,200,000 | 14 | 14 | -15 |
12 | Target S. Dak. | 4,849,300 | 12 | 15 | 12 | 3,427,210 | 8 | 10 | 7 |
13 | FNB Omaha | 4,022,554 | 13 | 14 | -11 | 1,558,067 | 11 | 13 | -11 |
14 | Advanta Utah | 3,294,630 | 14 | 16 | 10 | 574,000 | 18 | 22 | -2 |
15 | National CityOhio | 2,652,030 | 15 | 17 | -1 | 758,000 | 16 | 19 | -2 |
16 | Citizens Bank Conn., R.I. | 2,255,000 | 16 | 20 | -2 | 847,000 | 17 | 20 | 2 |
17 | CompuCredit Ga. | 2,194,837 | 17 | 19 | -6 | 2,780,000 | 13 | 16 | 23 |
18 | Navy Federal Credit Union Va. | 1,773,728 | 18 | 21 | 11 | 538,811 | 20 | 24 | 5 |
19 | Juniper Bank Del. | 1,474,600 | 19 | 22 | 16 | 497,000 | 22 | 27 | 35 |
20 | FDS National Bank Ohio | 1,115,000 | 20 | 28 | 28 | 364,000 | 26 | 29 | 8 |
21 | ICBA Bancard Va. | 1,067,836 | 21 | 24 | 7 | 775,114 | 19 | 21 | 8 |
22 | BB&T Ga. | 1,065,677 | 22 | 25 | 9 | 358,184 | 25 | 31 | 6 |
23 | Associated Bank Wis. | 1,059,602 | 23 | 26 | 14 | 59,680 | 64 | 68 | 2 |
24 | Worlds Foremost (Cabelas) Neb. | 953,530 | 24 | 27 | 9 | 505,600 | 28 | 34 | 16 |
25 | Washington Mutual | 940,882 | 25 | 41 | 118 | 521,360 | 29 | 36 | 65 |
26 | Cross Country Bank Del. | 871,604 | 26 | 23 | -31 | 952,220 | 24 | 25 | -14 |
27 | Town North Bank Texas | 816,453 | 27 | 29 | 1 | 392,769 | 30 | 32 | -2 |
28 | Fifth Third Bank Ohio | 805,000 | 28 | 30 | 13 | 303,000 | 27 | 30 | 18 |
29 | GE Capital Financial Utah | 760,726 | 29 | 32 | 24 | 494,758 | 23 | 26 | 14 |
30 | State Farm Bank Ill. | 733,591 | 30 | 34 | 29 | 287,871 | 33 | 38 | 9 |
31 | First Premier Bank S. Dak. | 710,839 | 31 | 31 | | 2,671,174 | 15 | 18 | 8 |
32 | Nordstrom Ariz. | 668,883 | 32 | 38 | 33 | 361,042 | 21 | 23 | |
33 | Commerce Bank Mo. | 609,314 | 33 | 36 | 10 | 283,973 | 31 | 33 | 3 |
34 | Merrick Bank Utah | 596,378 | 34 | 39 | 22 | 596,555 | 34 | 39 | 33 |
35 | Pentagon Federal Credit Union Va. | 590,789 | 35 | 35 | 6 | 151,191 | 39 | 42 | -4 |
36 | 1st Financial Bank S. Dak. | 584,160 | 36 | 37 | 7 | 343,327 | 38 | 41 | 13 |
37 | Compass Bank Ala. | 530,050 | 37 | 40 | 10 | 141,800 | 37 | 40 | 1 |
38 | BankFirst S. Dak. | 370,000 | 38 | 33 | -35 | 350,910 | 35 | 28 | -46 |
39 | M&I Bank Nev., Wis. | 333,800 | 39 | 43 | 6 | 285,456 | 36 | 37 | 2 |
40 | Suncoast Schools Federal Credit Union Fla. | 297,455 | 40 | 50 | 28 | 86,135 | 61 | 65 | 5 |
41 | First Hawaiian Bank | 278,000 | 41 | 49 | 14 | 158,000 | 40 | 46 | 5 |
42 | First National Bank of Marin Nev. | 275,615 | 42 | 46 | 1 | 590,960 | 32 | 35 | 15 |
43 | First Tennessee | 271,252 | 43 | 45 | -1 | 114,700 | 41 | 44 | -1 |
44 | Boeing Employees Credit Union Wash. | 268,317 | 44 | 47 | 8 | 98,755 | 47 | 52 | 3 |
45 | First Citizens Bank Va. | 258,456 | 45 | 48 | 5 | 98,587 | 44 | 47 | -2 |
46 | America First Credit Union Utah | 240,382 | 46 | 54 | 23 | 78,067 | 57 | 63 | 5 |
47 | Columbus Bank and Trust Co. Ga. | 239,763 | 47 | 51 | 9 | 94,427 | 43 | 49 | -9 |
48 | Pennsylvania State Employees Credit Union | 231,799 | 48 | 52 | 6 | 80,073 | 50 | 54 | -1 |
49 | Golden 1 Credit Union Calif. | 231,449 | 49 | 70 | 91 | 59,079 | 52 | 57 | -4 |
50 | Digital Federal Credit Union Mass. | 215,546 | 50 | 53 | 9 | 80,055 | 55 | 60 | 2 |
Source: The Nilson Report
© 2005 American Banker