Michigan regulators have two merger applications pending this month, one being the largest in years, a $1.4 billion consolidation of NuUnion CU of Lansing and Detroit Edison CU of Plymouth and the other a regional compact involving a troubled Detroit CU.
Members of NuUnion are slated to vote on the NuUnion/Detroit Edison merger on Wednesday to form the newly branded Lake Trust CU.
And in Parchment, the $415 million First Community FCU has applied to merge the $60 million Education First CU of Southgate.
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