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It seems quite clear in multiple locations that Dwolla does in fact have a credit union as an investor, what is your source that it doesn't?

http://www.chubbybrain.com/companies/dwolla/investors-fundin...

https://www.veridiancu.org/

http://kb.veridiancu.org/veridiancu/consumer/kbdetail.asp?kb...



http://www.themembersgroup.com/news/dwolla-investment-announ...

"About The Veridian Group The Veridian Group is a wholly-owned subsidiary of Veridian Credit Union, based in Waterloo, Iowa. As a credit union service organization (CUSO), The Veridian Group is committed to providing valuable financial services to credit unions and credit union members."

The distinction between a "credit union" and a CUSO matters. If the credit union is extending its charter to cover Dwolla, Inc., then that makes a big difference in terms of regulatory implications. As far as I can tell, The Veridian Group, Inc. (which does not have a charter) has invested in Dwolla, Inc., and Veridian Credit Union (which does have a charter) owns The Veridian Group, Inc.




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