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Guest Opinion: Economy Grows From Partnership

We never forget defining moments in history and where we were when they were defined. That certainly is true of the financial crisis that rocked our countrys financial system, businesses and our overall economy in 2008. Like other industries, credit unions strongly felt the impact of the lack of demand...

By Dave Adams | Updated on November 20, 2011

We never forget defining moments in history and where we were when they were defined. That certainly is true of the financial crisis that rocked our country’s financial system, businesses and our overall economy in 2008. Like other industries, credit unions strongly felt the impact of the lack of demand for credit, mortgage foreclosures, and hits to fee income as a result of heavy regulatory burden.

Credit unions still want to remain true to their mission of providing their members with outstanding service, a full range of products and services, better rates and lower fees. All quite challenging considering the environment in which they’ve been doing business.

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