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InfiCorp makes room for community banks

ATLANTA - InfiCorp Holdings, Inc., a subsidiary of First National of Nebraska, which has been aggressively going after credit union credit card portfolios, is reaching out to community banks and their credit card portfolios. InfiCorp's recent partnership with America's Community Bankers grants it access to the Washington-based association's 1,200 members....

By Staff Writer | Updated on April 09, 2002

<p>ATLANTA – InfiCorp Holdings, Inc., a subsidiary of First National of Nebraska, which has been aggressively going after credit union credit card portfolios, is reaching out to community banks and their credit card portfolios. InfiCorp’s recent partnership with America’s Community Bankers grants it access to the Washington-based association’s 1,200 members. The $670 million Fidelity Homestead Association of New Orleans is the first to sign up and about 10 other ACB members are seriously considering InfiCorp. More than 50 credit unions have already sold their credit card portfolios to InfiCorp.</p>

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