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Court Says La. Credit Union Must Repay $12M Of Gov't Funds

By Katryna Perera (January 31, 2022, 9:24 PM EST) -- A Louisiana federal judge ruled the U.S. Department of Treasury was not wrong to order a Louisiana credit union to repay more than $12 million in awards it received through the department's Community Development Financial Institutions Fund, finding the demand was not arbitrary and capricious under the Administrative Procedure Act....

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