One of southern California's largest credit unions, Financial Partners of Downey, wants it known that not all is gloom and doom though it has been a bumpy ride.
"My message from one of the hardest hit areas of the country: We've all been whitewater rafters thrown about by uncontrollable waves but in these turbulent times we've learned how to succeed," said Nader Moghaddam, president/CEO.
Moghaddam made his comments as his CU completes a merger of the nearby $12 million Santa Fe Springs City Employees CU and touts some positive financial statistics for 2010 including big gains in its mortgage portfolio.
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