ST. PETERSBURG, Fla. — The more than $2 billion Addison Avenue Federal Credit Union, headquartered in Palo Alto, Calif., saw its credit card balances grow by 24% in 2007, on its way to having a $100 million card portfolio.
PSCU Financial Services, the payments CUSO for more than 500 credit unions, promoted the achievement because Addison uses consultants from the CUSO's AdvisorsPlus program.
PSCU says CUs that use Advisors Plus consultants have seen an average increase in outstanding balances of 42%.
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