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ALEXANDRIA, Va.—Citing the growing need for subordinated debt to help credit union bottom lines as well as their ability to serve the underserved, the NCUA board voted 3-0 in favor of the Subordinated Debt Emergency Capital Investment Program proposed rule.

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TEMPE, Ariz.–While partnering with Costco Auto might seem like an indirect lending relationship, one credit union points out it is, in fact, a nice boost to the direct side of it business.