Mid-Atlantic, First Carolina Corporates Are Talking Merger

The boards of Mid-Atlantic Corporate Credit Union and First Carolina Corporate Credit Union have agreed to merge. If approved, the new corporate will retain its current offices. Mid-Atlantic President/CEO Jay Murray will become the CEO and First Carolina President/CEO David Brehmer will become the President of the new corporate. A vote by the members is not anticipated until 2016. [9/15/15]