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LAS VEGAS — As key lenders exit the market and balance sheets improve, credit unions have a unique opportunity to pursue new loan business, said Lee Butke, CEO of Corporate One FCU in Columbus, Ohio.

Addressing a session of the 31st annual National Directors Convention here, the Corporate One CEO suggested CUs in funding loans start turning to new sources “other than deposits to take advantage of these opportunities” and that can include “your corporate or the FHLB,” a reference to the Federal Home Loan Bank system, which recently has courted CU borrowings.

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