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Member Business Financial Services arranges the loan led by Launch Credit Union of Florida.

Cris Wescott succeeds Todd Mason, who is returning to his home state of Michigan later this summer.

The announcement comes almost seven months after John Pembroke's death.

NAFCU also supports the bill, while the Center for Responsible Lending and Inclusiv say independence is vital to the agency.

Patty Lynn Mavrakis, who staged a fire in the safe to cover up her $300,000 theft, faces sentencing in October.

The corporate credit union completes certification for the Federal Reserve's New Payment System.