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Guest Opinion: Cordray, CFPB Embrace CU Principles

Credit unions are unique in the financial world. Rarely do you find a financial institution that clearly and emphatically says it is not working for a profit.

By Richard Cordray | Updated on June 04, 2012

Credit unions are unique in the financial world. Rarely do you find a financial institution that clearly and emphatically says it is not working for a profit.

At the Consumer Financial Protection Bureau, we like that the focus of your business model is excellent customer service. This model allows people to help other people by providing high-quality financial services to the credit union members. With tens of millions of members and thousands of locations in this country alone, credit unions are indeed fulfilling their mission of service.

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