PHOENIX–OneAZ Credit Union said it has received regulatory approval from the National Credit Union Administration to acquire substantially all of the assets and substantially all of the liabilities of 1st Bank Yuma. On Nov. 21st, 1st Bank Yuma will officially become part of OneAZ Credit Union, the $3.6-billion credit union said.
With the addition of 1st Bank Yuma’s assets, OneAZ Credit Union said its combined assets will grow to over $4 billion, strengthening our ability to serve members statewide.
“We’re so excited to welcome 1st Bank Yuma into OneAZ,” Interim CEO Mike Boden said in a statement. “This is more than an acquisition, it’s about growing together, expanding access to financial services, and continuing to serve with care and compassion. With this step, we’re bringing our mission statement to life by helping more Arizonans thrive and building stronger communities across the state.”
‘Major Step’ in Expansion
OneAZ added the acquisition represents a major step in expanding its presence in Southern Arizona while reinforcing its commitment to providing accessible, community-driven financial services.
Yuma is approximately 185 miles southwest of Phoenix.
