the words subordinated debt on keyboard Credit/Adobe Stock.

Henrico Federal Credit Union has borrowed $5 million in subordinated debt, in part to support the Richmond, Va.-area's credit union's growth and education programs. It was part of last year's increase of $560.9 million, or 16%, in subordinated debt among the 153 credit unions with subordinated debt.

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Jim DuPlessis

A journalist for decades.