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Repossessed vehicle.

The $4.8 billion Hudson Valley Federal Credit Union in Poughkeepsie, N.Y. has agreed to pay $95,000 to resolve allegations that it repossessed vehicles of military service members without first obtaining the required court orders, according to the U.S. Attorney’s office in Manhattan.

Under the agreement announced Friday, HVFCU has agreed to pay $65,000 to compensate seven service members whose cars it unlawfully repossessed and will pay a civil penalty of $30,000 to the United States government.

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Peter Strozniak

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