Illinois-based Alloya Corporate FCU announced Wednesday that its merger with Michigan's Central Corporate Credit Union is now complete.
Consolidation would create nearly $3 billion corporate credit union.
Ohio-based corporate credit union notches $4.35 million net profit in 2012; financials helped along by $15 million in NCUA merger assistance.
Nearly all FirstCorp members voted to approve the deal Aug. 17 in the Phoenix corporate’s headquarters, the organization said.
Southeast Corp didn’t meet its $75 million goal, but the amount members pledged - $68 million - was good enough for merger partner Corporate One.