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CUs Scramble as CARD Compliance Days Away

AUG 14, 2009 12:28pm ET

MADISON, Wis. — Credit unions across the country are scrambling to comply with the open-ended lending segment of the CARD Act that goes into effect on Aug. 20. Several sources and CU CEOs indicated they are not prepared to be in full compliance, and both CU trade groups were lobbying...

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