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GALVESTON, Texas — The nation’s financial chaos, including yesterday’s takeover and sale of giant Washington Mutual Savings Bank in Seattle, continues to overshadow the “dire conditions and destruction” on the Texas Gulf Coast, in the view of Richard Ensweiler, the president/CEO of the Texas Credit Union League.

Speaking here Friday on a two-day tour of Ike-battered CUs, the league head said he realizes the enormity of the financial turmoil gripping the country and yet “the sheer devastation here is overwhelming, rivaling Katrina and yet the focus is no longer here.”

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