The Federal Reserve Bank of Richmond wants more financial inputfrom credit unions and next week will be conducting its second"Credit Union CEO Forum" as part of an outreach program, officialsof the regional Fed bank said this week.

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Leading the March 3 discussion with a 12-member CU grouporganized by the Virginia Credit Union League will be Jeffrey M.Lacker, Richmond Fed president, said a spokeswoman.

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The March reception and dinner at bank headquarters will focuson current economic conditions, payments and operations issues inthe Fed's Fifth District and the way CUs fit into the financiallandscape, particularly their common traits with small communitybanks, said the spokeswoman.

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"We are looking for an exchange of issues," she said noting theRichmond Fed has created a separate department to focus on the"cross disciplines" in the financial environment of the districtthat covers Virginia, Maryland, South Carolina and parts of WestVirginia.

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One key issue likely to come up in the information/education CUvisit, officials said, will be the Fed's national restructuring ofits regional processing network in line with closing numerousoffices.

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