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The industry’s campaign to retain a separate and independent regulator received some Texas exposure this week at a signing ceremony conducted by Gov. Rick Perry heralding the passage of a new state sunset law retaining a single CU regulator.

The Austin ceremony, attended by Texas lawmakers, heard comments by Richard Ensweiler, president/CEO of the Texas Credit Union League, claiming a “robust” industry, hit less severely by economic hardship than the rest of the U.S., is showing the way on maintaining a successful structure for state-chartered CUs.

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