Insurance company State Farm will sell its Visa credit card and debit card portfolios owned by its bank in Bloomington, Illinois to U.S. Bank. Terms were not disclosed. The transaction will be completed later this year or in early 2021. When the transaction is completed, U.S. Bank will market co-branded Visa credit cards in partnership with State Farm. The more than 90,000 State Farm debit cards currently in circulation will carry only the U.S. Bank brand. Tsys is the card account processor for U.S. Bank and State Farm credit and debit cards. U.S. Bank ranked 6th largest among Visa and M...