BOSTON – Two more CUs have sold their card portfolios to Elan Financial Services, a subsidiary of U.S. Bank, according to The Kessler Group, the Boston based broker that facilitated the sale. The $112 million St. Jean's Credit Union based in Lynn, Massachusetts and the $65 million Gulf Coast Community Federal Credit Union in Gulfport, Mississippi brought portfolios of over 3,000 accounts and $6 million in outstandings, and over 1,500 accounts and $3.3 million in outstandings respectively, to Elan, the broker said.
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