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The 1,500-member, $2 million Stark Metropolitan Housing Agency Federal Credit Union in Canton, Ohio filed a lawsuit Aug. 27 against its legacy sponsor, accusing it of breach of contract according to documents file in Stark County Common Pleas Court in Canton, Ohio.

The lawsuit alleges that the Stark Metropolitan Housing Authority attempted to wrongfully recover $2 million previously allocated the credit union, withheld $100,000 in subsidies and threatened to raise rent on the building currently used as the credit union’s headquarters in an attempt to evict the cooperative.

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