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Ask a staffer at a smaller credit union how costly it is to keep up with collection efforts and the employee, who might be juggling a number of different duties, will likely sigh, overwhelmed at the expenses and time involved. 

The $73 million FedFinancial Federal Credit Union in Rockville, Md., is hoping a new partnership will offer some relief through CU Collections, its CUSO that services consumer receivables for credit unions nationwide. The entity is a division of Innovative Strategic Solutions LLC, which is also owned by FedFinancial.

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