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Given what has happened on the corporate scene, the consolidation of the Florida and Alabama Credit Union Leagues looks today to be a rather prudent, “far sighted” move, according to the new chairman of the League of Southeastern Credit Unions.

Although the two events, the corporate crisis and the combination of the two leagues, are basically unrelated, the fact is uniting of the two trades demonstrates anew the need for CUs to find economies in how industry support groups operate, declared Richard Helber, the LSCU head and executive vice president/chief financial officer of GTE FCU in Tampa.

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