The $10.6 million Assurance Federal Credit Union in Richmond, Va., will officially merge with the $191 Argent Federal Credit Union in Chester, Va., on Oct. 1.

Assurance FCU members voted in favor of the merger proposal on Sept. 19, according to Assurance FCU's website and an Argent FCU prepared statement.

Post merger, Assurance employees will continue to serve members at its branch in Richmond, which will become Argent FCU's fifth branch, the credit unions said.

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