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Peach State FCU absorbs Beech Island CU

Beech Island Credit Union members officially became members of Peach State Federal Credit Union when the financial merger of the two institutions took effect Nov. 1, according to a Dec. 9 press release posted on CUInsight.com.

SNL data shows that as of Sept. 30, Lawrenceville, Ga.-based Peach State FCU had assets of $328.8 million, while Beech Island, S.C.-based Beech Island CU had assets of $6.7 million.