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Ukrainian Merger, Hmong Conservatorship Roil Twin Cities Ethnic CU Scene

TruStone Financial merges Ukrainian, Hmong American to continue operating from different location after NCUA action.

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In a week, the Twin Cities have witnessed the merger of one ethnic-based credit union and the NCUA conservatorship of another.

The $664 million TruStone Financial Federal Credit Union of suburban Plymouth, Minn., said pending NCUA approval it is merging effective mid-summer the ailing $6 million Ukrainian Credit Union of Minneapolis.

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