The proposed buyout by GFA Federal Credit Union of a troubled New Hampshire savings bank continues to generate industry interest but with a pivotal question: Can the credit union and bank clear the legal hurdles with the NCUA, the Comptroller of the Currency and the FDIC. 

In the meantime, the president/CEO of the $345 million GFA of Gardner, Mass. expressed new confidence that the $6.4 million cash deal for the $82 million Monadnock Community Bank of Peterborough can pass the regulatory thicket and, in fact, demonstrates new cooperation between community banks and CUs.

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