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NCUA takes over Valley Credit Union
http://bankimplode.com/blog/2008/09/03/valley-credit-union/
They were CAEL rated 4 or ** (second worst rating). http://www.bankrate.com/brm/safesound/ss_home.asp
I’d feel better about my banks CAEL 2 or **** rating if Valley was CAEL rated 5 or *.