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Keyword: nuca
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Feds Take Control Of Eastern Credit Union
MIRAMAR (CBS4) ― One of the oldest and largest credit unions in South Florida has fallen victim of the dismal economy. Eastern Financial Federal Credit Union, founded 72 years ago to provide financial services to employees of now-defunct Eastern Airlines, was placed under federal conservatorship late Friday afternoon. ... This means the NCUA has taken control of the credit union, according to Swann. Officials from Space Coast Credit Union of Melbourne were appointed to temporarily manage day-to-day operations.
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