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NCUA Eases Way To Expand Low-Income Charters

FEB 20, 2013 9:21pm ET

ALEXANDRIA, Va. NCUA announced an initiative with state regulators and the National Association of State CU Supervisors yesterday aimed at easing the way for state charters to qualify as low-income credit unions, which exempts credit unions from the cap on member business loans and allows them to raise supplementary...

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