Credit unions in Alabama announced plans to merge on Nov. 8, while cooperatives in Georgia, Hawaii and Pennsylvania recently finalized consolidations.
The $752 million Avadian Credit Union and the $12.7 million EBSCO Federal Credit Union, both headquartered in Birmingham, Ala., said Nov. 8 they plan to merge by the first quarter of 2018.
Avadian will assume EBSCO's sole branch, located inside the headquarters of EBSCO Industries, which will continue to offer financial products and services for employees of EBSCO Industries.
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