A merger of the $32.8 million Eaton County Educational CreditUnion in Charlotte, Mich., into the $2.3 billion Michigan State University Federal Credit Union in EastLansing will take effect April 1.
|The credit unions announced the proposed merger inNovember. Earlier this month, 95% of ECECU members whovoted approved of the merger, according to MSUFCU.
|After the two credit unions combine their operations in April,ECECU will officially merge into MSUFCU. ECECU's staff willcontinue as MSUFCU employees. Additional employees have been hiredto support expanded hours and services at the ECECU branch inCharlotte, Mich.
|“MSUFCU and ECECU have a shared commitment to helping membersachieve financial success, and we are excited for the newopportunities this merger provides for members of both creditunions,” said Patrick McPharlin, MSUFCU's president/CEO.
|MSU Federal Credit Union, the world's largest university-basedcredit union, operates 11 branches, serves169,020 members andemploys more than 490 people.
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