BFMTBasic Financial Management Training
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The credit card receivables are generated under a private label credit card program established by Society National Bank and are sold to FRCC and transferred to BFMT.
2, 1992, FRCC issued $238,095,238 Series 1992-A asset-backed certificates from BFMT.
FRCC also anticipates issuing up to $178 million face amount of remarketed accounts receivable certificates, Series 1992-B (REMARCS) from BFMT.