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Miscellaneous

More Ailing California CUs Merged Out

OCT 7, 2008 8:41pm ET

SAN DIEGO – State regulators said yesterday they have approved the merger of Financial 21 Community CU, a $133 million credit union that was wounded by an ill-fated foray into subprime auto loans, into California Coast CU, the San Diego giant’s second large merger in the last few months.

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