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The results from the latest Credit Union Times online voting poll showed that the U.S. Central and WesCorp conservatorships are forcing credit unions to take hard look at their future.Forty percent of voters said that their credit union is looking at converting to a mutual savings bank.Ten percent of voters said that their credit union is considering a merger.Two percent said they are considering liquidation.Seven percent said they are looking at either merging or a mutual savings bank conversion and 39% said that their credit union is not looking at any of those options.

Peter Westerman

Credit Union Times

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