Consultant, TMG exec say appreciation for profit center needs to be shown in management attention.
Ondine Irving adds scoring card portfolios, risk management to card school curriculum.
The 50 represent 1.1 million card accounts. CSCU counts 2,700 credit unions as members.
TMG Financial Services reports growing interest in Collateralized Advance Program.
Says despite labor, compliance and risk, credit unions that sold portfolios should get back into the business of issuing, white paper says.
Iowa CUSO says more than 60,000 accounts and $125 million in balances now on the books.
The lists of credit unions that had previously sold their card portfolios to banks only to come back into issuing again grew last week as the 60,000-member $1 billion Eli Lilly Federal Credit Union converted a card portfolio that it had previously sold to a bank back to its own...
Indianapolis credit union buys back portfolio a decade after it was originally sold to the former MBNA.
BOCA RATON, Fla. — Too many credit union credit card programs suffer from having no dedicated manager or champion, THINK attendees told.