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Losses Mount At U.S. Central, Other Corporates

FEB 27, 2009 1:29pm ET

LENEXA, Kan.-Several corporate credit unions, already weighed down by losses on their mortgage backed securities, are delaying a final accounting for 2008 as they wait to determine how much of the huge $1.1-billion loss at U.S. Central FCU will flow down to them.

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