KeyBank has become the latest regional bank to bring its credit cards back in house.

The banking unit of KeyCorp (KEY) announced Wednesday that it has acquired its branded credit card assets from Elan Financial Services, a subsidiary of U.S. Bancorp (USB), and will begin to issue its own cards.

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.