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2 New York-based credit unions to merge

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2 New York-based credit unions to merge

Hornell, N.Y.-based Hornell Erie FCU is set to merge into Painted Post, N.Y.-based First Heritage FCU, effective Aug. 18, according to the former's website.

SNL data shows that as of June 30, First Heritage FCU had $457.7 million in assets, while Hornell Erie FCU had assets of $4.4 million.

SNL is owned by S&P Global Market Intelligence.