St. Lawrence FCU Members Soundly Defeat Merger With SeaComm FCU

Some members vote against the merger because they fear becoming just an account at a bigger credit union.

By Peter Strozniak | August 31, 2023 at 05:12 PM

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Members of the $234 million St. Lawrence Federal Credit Union (SLFCU) in Ogdensburg, N.Y., soundly defeated a proposed merger with the $806 million SeaComm Federal Credit Union in Massena, N.Y., which would have created a $1 billion financial cooperative in the Empire State's North Country.

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