WASHINGTON — In spite of an environment marked by predatory lending growth and consumer apprehension in financial products such as credit card offers, credit unions are in a "great place."

That will be one of the focuses of a Sept. 5 free Webinar from Callahan & Associates highlighting the industry's second quarter trends. Chip Filson, CEO and Jay Johnson, executive vice present at Callahan will discuss insights into the key success factors for the industry in 2007 and insights from credit unions with continuing momentum. Open Solutions, Inc is sponsoring the Webinar.

"Credit unions are in a great place. It is evident in their current activity of 44 million loans outstanding. This number represents more than competitive rates and terms. It reflects the trust that members have that the credit union will provide a fair deal," according to Callahan.

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