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Florida League Believes Eastern Financial Can 'Bounce Back'

The Florida Credit Union League said it is supporting Eastern Financial Florida Credit Union in its efforts to come back into compliance after the $1.6 billion financial institution was found in violation of several unsound practices.

By Michelle A. Samaad | Updated on April 06, 2009

The Florida Credit Union League said it is supporting Eastern Financial Florida Credit Union in its efforts to come back into compliance after the $1.6 billion financial institution was found in violation of several unsound practices.

“I think they can bounce back. Eastern is working hard to come through the economic recession,” said Andy Price, general counsel at the league. “We have talked to them. We support them. Are we in there giving advice, no.”

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