Mid-Atlantic, First Carolina members approve corporate merger

The memberships of Mid-Atlantic Corporate Federal Credit Union and First Carolina Corporate Credit Union approved the merger of the two organizations, according to a joint statement released Wednesday.

The ballots from both corporates were collected and tallied by the American Arbitration Association.

Although both organizations said the vote showed members to be overwhelmingly in favor of the merger, a specific vote count in favor and against was not provided.

The NCUA approved the merger last month.

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