Pending regulatory approval, the $276 million Berrien Teachers' Credit Union of St. Joseph, Mich. and the $2 million Otsego Paperworkers CU also in Michigan will merge in late April or May.
The membership and board of the single SEG Otsego CU voted to approve the merger March 30.
"We are excited that the members of Otsego Paperworkers voted in support of the merger," said Berrien Teachers' CU CEO Scott McFarland. "We anticipate a smooth transition and look forward to serving our new Otsego members and the surrounding community."
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