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Credit unions plan to merge. Source: Shutterstock.

Members of the $1.5 billion Firefly Federal Credit Union approved a merger Monday with the $1.7 billion TruStone Financial Credit Union, which will create Minnesota’s second largest financial cooperative.

Firefly President/CEO Dale Turner declined to reveal the final vote tally, but he said that a significant majority of the nearly 11,500 members who cast a ballot voted in favor of the consolidation.

Peter Strozniak

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