MADISON, Wis. — America’s struggling banking system is contributing to worldwide credit union growth, said Dave Grace, WOCCU’s vice president of strategic services.

Grace said quite a few of the 48 countries represented at WOCCU’s recent World Credit Union Conference in Hong Kong said they are seeing a spillover effect in their own banking systems due to problems in the U.S. In particular, banks in AustraliaUnited Kingdom made bad U.S. investments. and the

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