The $233 million Piedmont Advantage Credit Union in Winston Salem, N.C. will acquire a Charlotte, N.C. branch of the $804 million Clearview Federal Credit Union in Moon Township, Pa.
Members of the North Carolina branch "overwhelmingly voted to approve the spin-off" on Dec. 30, according to a joint statement.
The Clearview FCU branch employees will be retained once the acquisition is completed. Terms of the acquisition were not released.
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