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Obama Victory Suggest Happier Times for CDFIs

By David Morrison

NEW YORK -- One of the most immediate and tangible effects of a Barack Obama Administration may be an easing of the pressure on the U.S. Treasury Department's Community Development Financial Institution's fund.

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Arizona CU Wins Ad Coup in Obama-Edition Newspaper

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Obama Campaign Has Parallels With Credit Unions, Leaders Say

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November 05, 2008

NAFCU Outlines Its Priorities in Letter to Obama

WASHINGTON -- Preserving an independent regulator, obtaining risk-based capital and expanding the ability of credit unions to make business loans are among the top priorities NAFCU outlined in a letter sent today to President-elect Barack Obama.

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November 05, 2008

Analysts Say Election Results Show Eagerness for Change

WASHINGTON -- While President-elect Obama ran a great campaign with an appealing message, the results were as much a rejection of the status quo as a mandate for any specific policies.

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November 05, 2008

Fed Economist Says Mortgage Moratoriums Cause Lenders to Flee

WASHINGTON -- States that place a moratorium on foreclosures cause foreclosures to drop but also cause lenders to leave the state, according to a report issued yesterday by an economist for the Federal Reserve in St. Louis.

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November 05, 2008

CU 24's Surcharge-Free Programs Saved Members Millions

TALLAHASSEE, Fla.-- Credit Union 24's surcharge free programs, CU Here and CU Here Premium, is on track to save the members of participating credit unions at least $20 million dollars, the ATM and EFT network has announced.

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November 05, 2008