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The paucity of new credit union charters “perhaps by lawyers, doctors or other professional groups” is a troubling phenomenon even though the new REALTORS FCU is a promising omen, the former president/CEO of the Colorado Credit Union League said this week.

“I would have hoped that some of the bar associations would have started credit unions by now but it hasn’t happened,” observed James Holt, the ex-league executive and an attorney who is now president/CEO of the $141 million Mid American CU of Wichita, Kan.

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