The $153 million Kentucky Corporate Federal Credit Union officially merged with Volunteer Corporate Credit Union on Tuesday, according to a VolCorp statement.

The merger, announced last year, received a unanimous vote of approval from the Kentucky Corporate FCU membership. The Tennessee Department of Financial Institutions approved the merger June 30.

The Nashville, Tenn.-based VolCorp is the surviving institution, maintaining its name and headquarters location. The Louisville, Ky.-based Kentucky Corporate is maintaining operations and staff at its headquarters.

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