The Credit Union National Association said it is preparing to sell part or all of its credit card unit.

Peter Crear, interim president of the trade group, said last week that a request for proposals should go out by April 24. He expects final recommendations to be made by late June or early July and a contract to be signed by mid-August.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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