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Another credit union buys a bank as industry groups sharpen criticism

Gesa Credit Union in Washington agreed to acquire a 103-year-old community bank in Centralia, as it eyes opportunities for additional growth in the Pacific Northwest. In the District of Columbia, a bank group is calling for exit fees on banks selling to tax-exempt credit unions.

Transparency key to healthy credit union movement

Credit unions are financial cooperatives, mutually owned by their members. They are a special kind of financial institution organized and operated for the

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