PLANO, Texas - (02/08/06) -- Southwest Corporate FCU announcedWednesday it has contracted with Viewpointe Exchange to provide itwith image and check exchange services. Southwest Corporate's 1,200credit union members will use Viewpointe's Point2Pointe service totake advantage of efficiencies of the new Check 21 law. Theaddition of Southwest Corporate to Viewpointe's network will expandthe network's reach to 9,200 credit unions and banks.
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Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
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