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Article: AurGroup CU Sells Cards Portfolio.

Article from:
Banking Wire
Article date:
July 28, 2006
Copyright

MINNEAPOLIS -- U.S. Bancorp announced that its Elan Financial Services unit has acquired the credit card portfolio from AurGroup Financial CU, the 22nd credit union portfolio acquired by the bank giant so far this year.

Under the deal, Elan Financial will continue to manage the 6,500 accounts and $9.5 million in receivables ...

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