Undertaking its third merger of 2011, the $581 million Webster First Federal Credit Union of Worcester, Mass., said Thursday it won member approval this week to merge the $38 million Winthrop FCU of Winthrop, Mass., effective Dec. 31.
Approval from the NCUA was received Oct. 26.
"Certainly we are seeing many more small credit unions wanting to merge and they have come to us," said a spokeswoman for Webster First.
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