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An industry white paper asked why there is so much gloom and doom about credit union mergers.

“So what if less than 10% of credit unions will have less than $100 million in assets 20 years from now?” the white paper’s authors wrote. “The industry is experiencing the biggest boom in its history in terms of assets and members, but to hear some individuals within the industry talk about it, you would think that we were two decades from suffering the same fate as the savings and loan industry.”

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Peter Strozniak

Credit Union Times

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