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After two months, three outside consultants and about $1 million in consulting fees, the $29.1 billion State Employees’ Credit Union in Raleigh, N.C., said it is ready for the rigors of NCUA-mandated stress testing.

SECU, one of five credit unions with more than $10 million in assets required by the NCUA to undergo stress testing similar to that applied to banks, undertook its own testing to create benchmarks against which the regulator’s test can be measured.

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