FedEx CU Inks Mortgage Pact

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MEMPHIS, Tenn. - (02/22/05) -- FedEx CU said Monday it has signedwith Nationwide Advantage Mortgage to set up a mortgage business.Under the deal, Nationwide, a unit of Nationwide Mutual InsuranceCo., of Columbus, Ohio, will process and close the loans. Theinsurer has similar mortgage deals with other small banks andaffinity groups.

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