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ALEXANDRIA, Va.­–More than a decade after the failure of five corporate credit unions, when any potential recoveries and distributions seemed so far away that many in credit unions wrote off their capital investments as a complete loss, more than $368-million is about to be distributed to more than 2,000 credit unions.

BROOKFIELD, Wis.—Borrowing is becoming much more about self-service, and credit unions better pay attention to the shift in consumer preference as it likely means considering new credit card options, according to one analyst.