The $2.7 billion Wings Financial Credit Union has announced merger plans for the second time this summer, this time with the $450 million City-County Federal Credit Union.

The merger has received preliminary approval from the NCUA and Minnesota’s Department of Commerce which supervises state-chartered credit unions, Wings Financial said July 20. The merger is scheduled to be finalized later this summer. The combined CU will go forward under the Wings Financial name.

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Peter Westerman

Credit Union Times

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