LIVONIA, Mich. — On the drawing boards since last year, twoDetroit area credit unions, the $191 million Community Choice ofLivonia and the $225 million Research Federal of Warren, are slatedto complete a merger and a computer conversion this weekend.
|The merger is one of the largest in Michigan in several years,said a spokeswoman for the Michigan Credit Union League.
|On its Web site, Community Choice's president/CEO Rob Bava saidfinalization of the merger would take place over a four-day periodeffective next Monday with a new Web site and productnomenclature.
|The merger would permit the combined CU to expand in sevensoutheast Michigan counties under the Community Choice brand.
|Research FCU, which serves a membership base of General Motorsemployees at its Warren research laboratories, was chartered in1936 and has 24,000 members in three locations in Wayne and OaklandCounties.
|Community Choice was chartered one year earlier in 1935 and has40,000 members in Wayne County.
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