Two Michigan credit unions, Members First and Central MichiganCommunity, now set to complete a merger June 1, said Monday theyhad a positive experience in getting a five-to-one favorable membervote at Central Michigan, the targeted CU.
The larger of the two, the $191 million Members First of Midlandcalled the outcome at the $110 million Central Michigan of nearbyClare “a record-breaking membership vote” based on similar mergerballoting at CUs elsewhere in Michigan.
More than 2,500 ballots were cast out of 15,000members.
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