AUBURN, Mass. and WARRENVILLE, Ill. — Members United Corporate Federal Credit Union and the Central Credit Union Fund received approval from the Massachusetts Division of Banks to merge.
The merger now awaits NCUA approval. Eighty-two percent of Central CU Fund members voting already approved the merger.
Members United itself was born out of the largest corporate merger ever when Empire merged with Mid-States a few years ago.
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This deal joins $13.2 billion Members United with $265 million Central CU Fund.
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