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Bank of America Picks Up FIA CU Card Portfolio: How Much Did Troubled Financials Drive Biggest Sale In an Overall Down Year?

The $1.19 billion Credit Union of Texas sold its credit card portfolio to FIA Card Services, the card issuing subsidiary of Bank of America, making it the biggest sale in what has otherwise been a down year of card portfolio sales.

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DALLAS — The $1.19 billion Credit Union of Texas sold its credit card portfolio to FIA Card Services, the card issuing subsidiary of Bank of America, making it the biggest sale in what has otherwise been a down year of card portfolio sales.

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