DEARBORN, Mich. — Some members of Michigan’s largest credit union are questioning why their CU would want to merge with a smaller CU still recovering from some sharp development losses.

The nearly $2 billion DFCU Financial credit union, headquartered in Dearborn, and the now almost $218 million CapCom Credit Union, headquartered in Lansing announced their intent to merge last month. Like several other recent Michigan mergers the move would leave DFCU as the surviving credit union but with a state charter. DFCU has been a federal credit union since its founding.

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