ARLINGTON, Va. -- Credit unions are seeing delinquency in their credit card portfolios rise, but the numbers still lag those being posted by bank credit card issuers, according to data from the American Bankers Association and CU card consultancy Asset Exchange.

According to the ABA, credit card delinquency in bank issued credit cards rose 42 basis points from the second quarter of 2008 to the third (4.32% to 4.74%). They had increased by 74 basis points from the first quarter's 4.00%.

Credit union cards also saw a rise in delinquency, according to an analysis of credit union card data by Asset Exchange. The firm, which is owned by card processor Fidelity National Information Systems and which also brokers the sales of CU card portfolios, determined from NCUA data that CU card delinquency rose 60 basis points, to 3.21%, since the third quarter of 2007 and 46 basis points from the 2.75% of last year's second quarter.