Great American First Savings Bank said it...
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Great American First Savings Bank said it plans to sell its bank credit card operation, placing in jeopardy the jobs of 104 employees. Although Great American insists that the 194,000-cardholder operation is profitable, the San Diego-based S&L; said it is threatened by a possible recession later this year and increased competition. No deadline has been set for the sale of the operation, which has about $210 million in outstanding receivables.
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