Two Vermont credit unions, the $43 million Members Advantage Community of Barre and the $11 million Caswell, Burlington, are merging to form the sixth largest in the state.

Members of both CUs approved the merger at special meetings last week with the transaction already winning clearance of regulators.

MACCU with 8,200 members has two branches in White River Junction and Barre while Csawell with 2,700 members has one office.

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