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Nonprofits express opposition to WaFd, Luther Burbank acquisition
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Banking, Government Oversight, Mergers & Acquistions
Tuesday, February 14, 2023
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A group of 54 nonprofit and community groups, led by the California Reinvestment Coalition, wrote a letter to the Federal Deposit Insurance Corp. expressing concerns that the acquisition of Luther Burbank Savings by Washington Federal Bank may create fair housing and other systemic risks.
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