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On Jan. 24 the U.S. District Court of the Eastern District of Virginia dismissed a closely-watched lawsuit involving an attempt by the Independent Community Bankers of America to roll back a February rulemaking that allows federal credit unions to extend business loans to nonmembers. The court’s dismissal rested on two main points, one that was particular to this case, and one that will likely arise again in pending and future litigation involving banks and credit unions.

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