WASHINGTON - Credit union leaders plan to meet Thursday to begin drawing up a battle plan to make their nonprofit institutions more competitive.

"We've been preparing for this since H.R. 1151 (the Credit Union Membership Access Act of 1998) went into effect, knowing that we would have to come back, knowing that credit unions had needs that were unmet," Credit Union National Association president Daniel A. Mica said in a conference call with reporters Monday.

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