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Loan Growth May Plunge Off Fiscal Cliff

Industry economists agree that if the U.S. plunges off the fiscal cliff Dec. 31, credit unions probably wont see any ill effects right away. However, even if a so-called grand bargain is reached between Democrats and Republicans, credit unions could see the loan growth momentum gained this year grind to...

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Industry economists agree that if the U.S. plunges off the fiscal cliff Dec. 31, credit unions probably won’t see any ill effects right away. However, even if a so-called grand bargain is reached between Democrats and Republicans, credit unions could see the loan growth momentum gained this year grind to a standstill.

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