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Charter Change Debate Underway at KV

AUGUSTA, Maine -- KV Federal Credit Union held two meetings last week to take some questions from the membership and explain why it is looking to merge with Kennebec Savings Bank.

By David Morrison | Updated on October 07, 2008

AUGUSTA, Maine — KV Federal Credit Union held two meetings last week to take some questions from the membership and explain why it is looking to merge with Kennebec Savings Bank.

Even though its board will not officially vote on the proposal until Oct. 14, members of the $51 million KV Federal Credit Union have already started to actively debate whether or not KV should merge with the local mutual bank.

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