Crain's Chicago Business is reporting that Consumers Credit Union (Gurnee, IL) and Andigo Credit Union (Schaumburg, IL) have announced their intention to merge.
Andigo Credit Union has $865 million in assets and Consumers Credit Union has $1.2 billion in assets.
The merger requires regulatory approval and a favorable vote by Andigo CU's members.
The merger is expected to close by the end of the year.
Read the article.
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