The members at PMH Credit Union and VSECU voted in favor to merge the PMH Credit Union membership into VSECU’s membership. A Special Meeting was held on the evening on June 18 to address the merger and to collect in-person ballots.
The final VSECU voting results from the June 18, 2014 Special Meeting regarding the Merger Approval were:
89.2% Approve the proposed merger and authorize the Board of Directors to take all necessary action to accomplish the merger.
10.4% Do not approve the proposed merger.
0.4% Unexercised vote.
The merger is effective July 1, 2014.
To read additional details about the merger please visit www.pmhcu.vsecu.com.