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N.Y. Banks and CUs Fight Over Public Funds

New York credit unions and banks stepped up their Albany skirmishes over deposit of public funds with each side issuing dueling press releases both supporting and attacking the concept.

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New York credit unions and banks stepped up their Albany skirmishes over deposit of public funds with each side issuing dueling press releases both supporting and attacking the concept. And CUs said there was new urgency to the issue because of the economic crisis “caused by banking excesses.”

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Peter Westerman

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