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Carle Employees FCU members OK merger with University of Illinois Community CU

Carle Employees FCU members approved the merger of the Urbana, Ill.-based credit union with in-state peer University of Illinois Community CU.

Champaign-based University of Illinois Community CU has offered positions for Carle Employees FCU workers following the merger, which is expected to occur May 1.

University of Illinois Community CU has more than 45,000 members and assets of more than $328 million, while Carle Employees FCU has roughly 2,700 members and more than $16 million in assets, according to the press release.