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In line with a strategy of expanding SEG membership, the $1.6 billion Baxter Credit Union in Vernon Hills, Ill., has effective this month completed a merger of the $60 million Target CU, which serves employees of the Minneapolis-based retail chain.

Baxter officials said Target, a healthy CU with 10,000 members, had approached Baxter last May about a possible merger at the suggestion of Cornerstone Advisors, a Scottsdale, Ariz. consultant, which had scouted potential partners.

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