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mich legacy

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NEW YORK–The Paycheck Protection Program, in which credit unions were active participants and funneled hundreds of millions of dollars in loans to members, may have saved jobs, but at an extraordinarily high cost, according to a new analysis.

ALEXANDRIA, Va.–NCUA should review some of its hiring practices for compliance while also doing a better job of ensuring job applicants’ qualifications are verified prior to candidates being brought in for interviews, according to a new report by the agency’s Office of Inspector General (OIG).