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ALEXANDRIA, Va.—Time generally tells the story about the effectiveness of any decision, according to Michael Fryzel, who believes the years have now cast a favorable light on the road NCUA traveled to stem the collapse of the corporate credit union system more than a decade ago—even as he concedes there is an “infinite list of blame.”

KYIV, Ukraine–In what’s being called a “major victory” by the World Council of CUs, the Ukrainian Parliament has overwhelmingly approved the first reading of a new draft law on credit unions.

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