Cornered Credit Unions Come Out FightingDean Foust
The stiff setback that the U.S. Supreme Court handed credit unions on Feb. 25 may momentarily shackle their growth, but it has hardly stopped them in their tracks: They're mad as hell, and they're taking their case to Congress. Their goal is to convince lawmakers that in this age of impersonal megabanks, lending cooperatives are today's neighborly George Baileys.
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