QT Mutual Bank members have voted in favour of a merger with RACQ - for the second time.Members voted in favour of the merger in a postal ballot in September. However, QT Mutual's constitution has a defensive mechanism built into it, requiring a second vote.Ninety-four per cent of the 16,780 votes cast were in favour of the scheme of arrangement with RACQ.The implementation date for the scheme is November 24. Under the terms of the merger QT Mutual will become a banking subsidiary of RACQ, which is a provider of motoring and related services and insurance. RACQ is also a mutual.RACQ has 1.5 million members and QT Mutual 60,000. RACQ wants to move into banking and QT Mutual wants scale so that it can invest in banking services.QT Mutual will retain its staff and branches. Its chief executive Steve Targett will report to RACQ chief executive Ian Gillespie.