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InfiCorp Signs Another Couple of CU Portfolios

PETERBOROUGH, N.H. - The $43 million Springfield Teachers Credit Union has sold its $2 million credit card portfolio to InfiCorp, according to Brookwood Capital, the fledgling credit card portfolio broker headquartered in New Hampshire. Asset Exchange, the card brokerage firm headquartered in Portland, Oregon, also announced that InfiCorp has purchased...

By Staff Writer | Updated on August 10, 2004

PETERBOROUGH, N.H. – The $43 million Springfield Teachers Credit Union has sold its $2 million credit card portfolio to InfiCorp, according to Brookwood Capital, the fledgling credit card portfolio broker headquartered in New Hampshire. Asset Exchange, the card brokerage firm headquartered in Portland, Oregon, also announced that InfiCorp has purchased the $98 million Colorado United Credit Union’s $5.8 million card portfolio. Both institutions have entered into agent agreements with InfiCorp under which the card issuer will continue to issue cards on behalf of the credit union.

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