Central Corporate CU CEO Bill Walby said he's optimistic his members will vote to approve a merger with the $1.4 billion Alloya Corporate FCU.

The NCUA approved the merger request Thursday, allowing the two to clear one more hurdle along the way to forming the industry's second largest corporate.

Most of the $1.37 billion CenCorp's 330 members will vote by mail, Walby said, but others will travel to the corporate's Southfield, Mich., headquarters April 4 for a special meeting to cast their votes in person.

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