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LYNCHBURG, Va. — More than a year after Navy Federal Credit Union quit CUNA and the Virginia Credit Union League in a dispute over payday lending, leaders of both trade groups expressed hope this week that new policies might bring the nation’s largest CU back into the fold.

“We would certainly welcome them back and we remain in contact with their management as we work toward that goal,” explained Rick Pillow, president/CEO of the Virginia League which since the fall of 2007 has led a quiet–but so far unsuccessful–campaign to get Navy Federal to rejoin.

 

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