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The NCUA liquidated Bethex Federal Credit Union of Bronx, N.Y., the agency announced Friday.

USAlliance Federal Credit Union of Rye, N.Y. assumed Bethex Federal Credit Union’s assets and member shares, and the majority of its loans. USAlliance is a federally chartered credit union with 83,102 members and $1.7 billion in assets, according to its latest Call Report, and is designated as a low-income credit union.

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