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LA JOLLA, Calif. — NCUA Director David Marquis didn’t have much good news for WesCorp Future Forum attendees during his presentation on the event’s first day. Not only has the agency charged $215 million to NCUSIF reserves so far in 2008, but last year’s NCUA employee collective bargaining agreement and Capitol Hill’s increased interest in financial institutions will result in higher audit and compliance costs industry-wide.

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