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Among the many challenges posed by the COVID-19 pandemic to lives and livelihoods, credit unions need to be concerned about their own financial health. Accelerated share growth as members hoard cash, coupled with weak loan demand due to economic uncertainty, may leave credit unions awash in liquidity and starved for interest-earning assets. Fortunately, there is a solution, in the form of loan participations, to absorb excess liquidity and bolster assets with attractive yields.
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