New credit union merger announced. New credit union acquisition announced. (Source: Shutterstock)

Charlotte Metro Federal Credit Union said it expects to complete its acquisition of Premier Federal Credit Union of Greensboro, N.C., in August, following approval of the merger by Premier members.

Charlotte Metro ($739.1 million in assets, 63,133 members) announced Monday that members of Premier ($222.7 million in assets, 27,709 members) voted online and by mail to approve the merger. A special meeting for questions and concerns was held virtually on Zoom on March 29.

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Jim DuPlessis

A journalist for decades.