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Taxi issues taking some strang turns.

Actions by the New York City Council might brighten prospects for cabbies and increase the value of the taxi medallions many of them have used as collateral for loans.

That, in turn, might help two Queens credit unions that were placed into NCUA conservatorship last year: Melrose Credit Union, Briarwood, N.Y. ($1.1 billion in assets, 19,864 members) and LOMTO Federal Credit Union, Woodside, N.Y. ($156.2 million in assets, 2,283 members).

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Jim DuPlessis

A journalist for decades.

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