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In Cincinnati, Cinfed FCU completes merger with Reading FCU

In Cincinnati, Cinfed FCU completed its merger with Reading FCU, the Cincinnati Business Courier reported Feb. 21.

With the addition of Reading CU's nearly 600 members, Cinfed FCU's membership increased to 35,000.

Cinfed FCU also secured approval from the National Credit Union Administration to increase its customer base, which would effectively double its market size, the report added.

The NCUA approved the merger in October 2017, as previously reported.