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Lending

One Small CU Sees Future In STS Loans

APR 1, 2011 1:12pm ET

PITTSBURGH — Citing what he sees as a broad reluctance of low-income designated CDFIs to embrace Small Dollar, Small Denomination lending (STS), Mark McCormick, CFO of ACBA FCU, and his team are undertaking a plan to reach out to a vast untapped membership market.

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