BOSTON – The $143 million Centers for Disease Control Federal Credit Union and the $20 million Professional Golfers Association Credit Union have both sold their credit card portfolios to MBNA, Kessler Financial Services announced today. CDC FCU is based in Atlanta, Georgia and PGA CU is based in Palm Beach Gardens, Florida. “We serve a unique membership. Many are doctors, scientists, or work in related fields. They look to their credit union for quality financial products, and expect us to deliver superior service. Throughout our history, CDC FCU has excelled in other products, and we wanted a credit card program to reflect the same level of excellence,” commented Betsy Mercier, president of CDC FCU. PGA CU’s field of membership is compiled of the 26,000 members of the PGA. Working together, PGA CU and MBNA developed a unique product that returns a portion of the revenue generated from the program into each member’s 401k account. Now, when a member uses the card, they are actually funding their 401k “This is another example of how MBNA’s dedicated credit union sector works with credit unions to ensure creative structuring that puts the member first,” said Steven Fuld, Senior Vice President of KFS.

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