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The decision comes as credit union officials attempt to help members break the cycle of debt.

CUs also sponsor a Manhattan parade, host a golf outing and announce a local Boys & Girls Club partnership.

So far this year, the federal agency has approved 117 mergers, compared to just 93 last year.

The loans are meant to ease the financial burden caused by the ongoing labor strike.

More than 780,000 credit union messages are sent to Congress opposing the IRS requirement.

A drop in daily expenses during the pandemic gave many millennials and Gen Zers a chance to build a nest egg.