Transcript: CREDIT UNIONS:CAROL ARANJO

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Testimony by

CAROL ARANJO

Chairperson, Board of Directors

National Federation of Community Development Credit Unions

to the

Subcommittee on Financial Institutions and Consumer Credit

The Honorable Marge Roukema. Chairwoman

February 3, 1999

Thank you for the opportunity to testify today I represent the National Federation of Community Development Credit Unions, an association of 170 credit unions in 40 states that have a special mission of serving low-income American communities and consumers The great majority of these credit unions could be categorized as "small" or very small". the average CDCU has assets of less than $2 million. But often, ...

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