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Two of Michigan’s largest credit unions, the $839 million NuUnion CU of Lansing and the $639 million Detroit Edison, charting a merger set to become effective next March are looking for possible future expansion into Ohio and Indiana, the CEO-designate said Monday.

The regional concept would be a natural move once the two Michigan CUs complete a consolidation described as a “partnership of equals” involving two healthy institutions each with about 8.5% capital, said Stephan L. Winninger, president/CEO of NuUnion.

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