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I’m writing in response to Brian Prunty’s letter regarding CUNA Mutual’s proposed reorganization to a mutual holding company structure. [CU Times, Aug. 17, page 10.] Like Prunty, we encourage all policyholders to read through the MHC materials thoroughly. Further, we, too, believe in the benefits of mutual ownership and in having a strong governance model. Prunty raises concerns that warrant clarification.

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