To the Editor:

Once again, a proposal to have credit unions pay for the folly of the banks and thrifts appears in your publication, this time in Craig Mancinotti's May 25 column. Mr. Mancinotti, a bank consultant, no doubt will make his prospective bank and thrift clients happy, but to the nation's 12,400 credit unions and their 68 million members, his suggestions are as galling as they are spurious.

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