Despite opposition from its own trade association, a small credit union in Charleston, S.C., intends to convert to a mutual savings bank and merge with a neighboring mutual that was a credit union itself until last year.

Roper Federal Credit Union, which serves the employees of Roper Hospital and their families, is seeking to combine with $25 million-asset Carolina Federal Savings Bank because the credit union's "plain vanilla" menu of services no longer meets its customers' needs, according to its chief executive officer.

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