CU CEO Shares Insights On Predatory Lending

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Florida's Chief Financial Officer, Tom Gallagher, held his fourth Predatory Lending Consumer Forum here, at which Ed Gallagly, President/CEO of Florida Central Credit Union Tampa, shared insights on predatory lending.

Gallagly, who was representing the Florida league, told how his credit union has spent years educating its members about predatory lending and is even in the process of setting up a special check-cashing facility that will serve members and non-members alike to combat the payday lenders and check cashers in the Tampa area.

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