X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST PETERSBURG, Fla. — Asset Exchange, a former leading broker of CU card portfolios will be urging credit unions take a more cautious stance toward the still controversial transactions as part of a web event sponsored by a well known portfolio sale opponent.

“What we will say is that credit unions who are thinking about selling their portfolios need to think it through very carefully,” said Willie Koo, CEO of the card broker which was purchased by card processor Fidelity National Information Services. The web event is sponsored by Card Services for Credit Unions, the association of credit unions which process their card transactions with FIS.

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.