PETERBOROUGH, N.H. – InfiCorp, an active purchaser of credit union card portfolios has picked up a New York CU's card asset. The Atlanta-based card firm has purchased the $138 million TEG Federal Credit Union's card portfolio, bringing the card issuer a 4,700 card portfolio worth roughly $4.2 million in receivables as of June 30, according to NCUA records. Brookwood Capital, a card portfolio brokerage that handled the sale, made the announcement.
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