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The $1.5 billion Evansville Teachers Federal Credit Union in Evansville, Ind., received regulatory approvals Thursday that officially finalized its acquisition of the $105 million American Founders Bank.

The Evansville, Ind.-based credit union announced Friday that it reopened AFB’s two branches in Louisville, Ky., under a new brand name, Liberty Financial, a division of Evansville Teachers FCU.

Peter Strozniak

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