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Miscellaneous

Card Services For CUs to Pay Members $29 Million from Visa IPO

MAY 23, 2008 12:33am ET

CLEARWATER, Fla. – Card Services For CUs, a cards processor for 3,300 credit unions, yesterday said it has received $28.9 million from the initial public offering of Visa and will be paying it out to its credit union members on a prorated basis.

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