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Map of Michigan. Map of Michigan. (Source: Shutterstock)

Out in West Michigan, in the City of Grand Rapids, two smaller credit unions announced on Monday that they have received regulatory approval to merge in the months to come.

In a statement, Western Districts Members Credit Union ($48.3 million in assets, 2,860 members) and West Michigan Credit Union ($217.1 million in assets, 16,339 members) said they intend to merge “pending a positive WDMCU membership vote.” A spokesperson for the credit union said the vote had not yet been scheduled, but could happen before the end of the year.

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Michael Ogden

Editor-in-Chief for CU Times.

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