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Merced Municipal Employees CU to merge into Merced School Employees FCU

In California, Merced Municipal Employees CU intends to merge with and into Merced School Employees FCU, according to the California Department of Business Oversight's October bulletin.

The merger application was filed July 11.

As of June 30, Merced Municipal Employees had $1.8 million in assets and Merced School Employees had $501.7 million in assets, based on S&P Global Market Intelligence data.