TITLE

BofA Move May Cause More To Re-Enter Card Biz

PUB. DATE
December 2011
SOURCE
Credit Union Journal;12/12/2011, Vol. 15 Issue 48, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Bank of America Corp. (BofA) will discontinue issuing cards for credit unions. BofA for years has purchased card portfolios from credit unions and banks via FIA Card Services. BofA spokesperson Betty Reiss has cleared that BofA has sought to exit the agent-bank role. BofA's decision are moving to bring portfolios back in-house.
ACCESSION #
69849243

 

Related Articles

  • BofA Increases ATM Surcharge.  // ATM & Debit News;8/2/2007, Vol. 7 Issue 36, p7 

    The article deals with the decision of the Bank of America (BofA) to increase the surcharge fee for non-bank customers at its branch and store locations, except in Chicago, Illinois. Betty Reiss, a BofA spokesperson, explained that the increase will not be implemented in Chicago because the city...

  • THROUGH A GLASS DARKLY.  // Business North Carolina;Jun2010, Vol. 30 Issue 6, p76 

    Several charts are presented that list the assets of several banks, thrifts and credit unions in North Carolina which include Bank of America, First Legacy Community and FNB United.

  • N.H.'s Leading Federal Credit Unions.  // New Hampshire Business Review;2005 Book of Lists, Vol. 26 Issue 28, p66 

    The article presents a list showing information on leading federal credit unions of New Hampshire. The list shows information on location of the unions, names of manager and chief executing officer, assets, deposits, charter number, web site and number of members. Some of the unions included in...

  • SeaComm FCU takes $50 a long way. Dickinson, Casey J. // Business Journal (Central New York);5/20/2005, Vol. 19 Issue 20, p16 

    Presents a corporate profile for SeaComm Federal Credit Union based in Massena, New York. Corporate history; Executive management; Customer service; Services offered.

  • What CUs Want: Flexibility To Serve The Underserved Better. Muckian, Michael // Credit Union Journal;6/11/2007, Vol. 11 Issue 23, p3 

    The article reports on several issues relevant to credit unions that were discussed during a National Credit Union Association Outreach Task Force meeting in New Orleans, Louisiana in 2007. The issues tackled include the greater flexibility needed by credit unions from examiners if they are to...

  • Too Popular? California CUs Finding Slow Charter Changes. Carlson, Tina // Credit Union Journal;8/13/2001, Vol. 5 Issue 32, pN.PAG 

    Focuses on complaints of California credit unions regarding slow federal and state charter changes as of April 2002. Decline in the number of credit unions approved for a switch to state charter in 2002; Problems with the application filed by American First Federal Credit Union for state...

  • CREDIT UNIONS.  // Long Island Business News (7/1993 to 5/2009);8/12/2005, Vol. 52 Issue 33, p25A 

    Lists the largest credit unions in Long Island, New York as of August 12, 2005, ranked by number of members. Teachers Federal Credit Union; Nassau Educators Federal Credit Union; Suffolk Federal Credit Union.

  • Report Examines Where Membership Has Grown.  // Credit Union Journal;10/22/2001, Vol. 5 Issue 42, pN.PAG 

    Presents data from the 2002 Credit Union Directory of Callahan & Associates, on credit union membership in the U.S. Increase in credit union membership; Rise in credit union membership penetration; Top five states in credit union member penetration.

  • Volunteers Start Grassroots Effort To Raise Profile.  // Credit Union Journal;10/22/2001, Vol. 5 Issue 42, pN.PAG 

    Focuses on the effort of the Credit Union Directors of America grassroots group, to resurrect their role within the credit union movement in Anaheim, California as of October 2001. Estimated number of volunteers and directors.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics