A second credit union has begun offering Visa's Signature Card, a card aimed at more-affluent and high-dollar spenders.
The 140,000-member, $1.4 billion Baxter Credit Union currently has a card portfolio of roughly 46,000 active card accounts which primarily carry the Visa logo, according to James Block, vice president of consumer lending for BCU in Vernon Hills, Ill.
The suburban Chicago credit union reported the worth of its card portfolio, as of the end of March, at just over $160 million.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
