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Economist Warns of Rush to Purge Unprofitable Members

CUNA Mutual economist urges CUs to support new members. Colby said not all credit unions participated in last year’s growth. Roughly 54% or 3,900 credit unions reported membership declines in 2011. These credit unions hold 27% of industry assets, the data showed. ****READ MORE; Economist Warns of Rush to Purge Unprofitable Members:

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