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NEW YORK — The recent flurry of credit unions converting to banks is attracting more players to the consulting process.

New York-based Sandler O’Neill is the latest. Peter Duffy, a well-known finance specialist in the credit union space and an associate director with the firm, said that Sandler O’Neill will help credit unions evaluate possible change to a bank charter in light of their business situation. Duffy, who writes a monthly Web-only column for CUES, said Sandler O’Neill has been involved in the current charter change attempt being mounted by the $332 million Lafayette Federal Credit Union.

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