Murray Hopes More VACORP Members Join Mid-Atlantic
Seventy-seven current VACORP credit unions have told Mid-Atlantic Corporate Credit Union CEO Jay Murray that they will put capital into Mid-Atlantic and become full members after the merger between the two corporate CUs.
Murray will remain on as CEO of Mid-Atlantic after the merger. He announced the member vote approving the merger Tuesday and said he hoped other VACORP member CUs would do the same. “I hope we will get more,” said Murray, who indicated Lynchburg, Virg.-based VACORP has a membership around 165.