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In the second reported rejection of a proposed credit union merger in as many days, members of the $96 million Main Street Financial FCU of Baton Rouge, La., have turned thumbs down on a consolidation with the $260 million Jefferson Financial CU of Metairie, La.

It was unclear Wednesday if the Louisiana credit union members rejected their takeover offer for the same reason as members of the $63 million Montana First CU of Missoula. They turned down a merger deal with the $432 million Horizon CU of Spokane Valley, Wash.

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