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Credit unions in Florida, Nevada, Arizona and California have made major strides in overcoming the effects of the Great Recession, and statistics and executives from those states suggested the experience left a lasting impact on their approach to lending and operations.

The Great Recession officially ran from December 2007 to June 2009 and took place in the wake of the burst housing bubble, according to the National Bureau of Economic Research. While the Recession ended in the summer of 2009 from a data perspective, its effects lingered in varying degrees, depending on the location.

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