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Merger called off. Merger called off. (Source: Shutterstock)

After months of due diligence, the proposed merger between the $333 million Infinity Federal Credit Union in Westbrook, Maine and the $753 million Vibrant Credit Union in Moline, Ill., has been called off.

“When we started down this path, a partnership between Vibrant and Infinity FCU seemed like a natural fit of culture and systems for many reasons,” Elizabeth Hayes, Infinity FCU’s president/CEO, said in a prepared statement Monday. “However, the merger process brought some important differences to light and it became evident that the integration was simply not a good fit.”

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Peter Strozniak

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