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Day: September 16, 2026

CU 2.0 Podcast Episode 422 Overdrawn: The Continuing Fallout From Death of IBEW Local Union 712 Federal Credit Union

You know the sad story of IBEW Local Union 712 Federal Credit Union in Beaver PA in 2020.  In an institution with assets of $7.7 million the CE) managed to run up $2,1 million in credit card debt. And in May 2020 NCUA conserved the credit union.  

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