NCUA Approves Small Michigan CU Merger Without a Member Vote

The consolidation of Gabriels Community CU met regulatory provisions that allowed a waiver of the membership vote, the NCUA says.

By Peter Strozniak | January 05, 2024 at 03:59 PM

binder on a desk titled merger and acquisitions

Without a vote of its 2,728 members, the NCUA approved the merger of the $32.1 million Gabriels Community Credit Union in Lansing, Mich., with the $7.6 billion Michigan State University Federal Credit Union in East Lansing.

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