Proposed CU merger announced (Image: Shutterstock). New Jersey Credit Union Plans Merger With PenFed
McGraw-Hill FCU members will vote on the proposed consolidation in March.
February 12, 2019 at 06:14 PM
2 minute read
The original version of this story was published on Law.com
The $425 million McGraw-Hill Federal Credit Union in East Windsor, N.J. announced it is proposing to merge with the $24.2 billion Pentagon Federal Credit Union in McClean, Va., the New Jersey Credit Union League reported Tuesday.
MHFCU has scheduled a special meeting for members to vote on the proposed consolidation on March 11 at the AMA Executive Center in New York.
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