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Superior CU completes Co-op Toledo CU acquisition

Lima, Ohio-based Superior CU Inc. acquired Maumee, Ohio-based Co-op Toledo CU Inc., effective Aug. 30, according to the Ohio Department of Commerce's monthly report for August.

The National Credit Union Administration approved the merger in March.

As of June 30, Superior Credit's total assets were $896.5 million, while Co-op Toledo's assets stood at $10.1 million, according to S&P Global Market Intelligence data.