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The most immediate issue facing our industry is the continued access to services provided traditionally by corporate credit unions. The picture of what our corporate system will ultimately look like is still somewhat hazy. But recognizing the critical importance of continuity, member-owner natural person credit unions are taking a very proactive stance in shaping the future. Many have already scheduled meetings (or member group meetings) with their corporate credit unions. Others, whose services are now being provided by the bridge corporates, are also actively reviewing their options. Finally, some have already taken action to merge their corporate. As a result, I expect the fog will clear rapidly.

Peter Westerman

Credit Union Times

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