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The $635 million Financial Center Credit Union in Stockton plans to merge with the $2.4 billion Valley Strong Credit Union in Bakersfield by October, the California financial cooperatives announced on Friday.
If the consolidation is approved by Financial Center members and regulators, the combined credit union would manage assets of more than $3 billion and serve nearly 195,000 members from 27 branches throughout the San Joaquin Valley from Lodi to Tehachapi.
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