Member credit unions of the South Carolina Credit Union League and North Carolina Credit UnionLeague approved to merge Thursday, and plan to launch the newCarolinas Credit Union League on Jan. 1.

Their boards had approved the proposed consolidation in Mayafter forming a committee to study the idea latelast year.

According to a joint statement released by the leagues Thursday,43 SCCUL members voted in favor of the merger while only two creditunions voted against it, and 52 NCCUL members vote to approve theconsolidation, while two voted against it.

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