CHARLOTTE, N.C. - First Union Corp. has introduced a secured MasterCard, available to customers in North Carolina and Florida immediately and to other East Coast customers next year.

The customer chooses a credit limit by opening a savings account with the bank in that amount. Additional deposits in the account increase the credit limit.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.