PORTLAND, Ore. – Asset Exchange, the leading independent card broker for credit union card portfolios, has announced the sale of three more portfolios. The firm brokered the sale of $127 million Pan Am Horizon’s FCU $4.6 million portfolio sale to InfiCorp, the $45 million SourceOne FCU’s $950,000 portfolio to TNB Card Services, and the $40 million Mokelumne Credit Union’s $930,000 portfolio to Elan. “Credit unions continue to look at outsourcing their card programs as a strategic move in a very competitive industry” said AssetExchange CEO, William Koo. “We are pleased to have assisted these credit unions in negotiating and establishing these partnerships.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.