VACORP vote expected in November for merger to be finalized next March.
A merger with VACORP was not his first choice, said Mid-Atlantic Corporate FCU President/CEO Jay Murray in offering perspective on the announcement earlier this week that the two corporate credit unions planned to merge.
Mid-Atlantic Corporate Federal Credit Union and VACORP Federal Credit Union today announced their intention to pursue a merger, according to a joint announcement.
Provided the NCUA releases its final corporate rule in September, the $1.4 billion Virginia Corporate FCU will add a session to its Oct. 13 Financial Strategies Conference in which it will unveil its new business plan.
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