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17th credit union acquisition elicits ICBA response

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Mergers & Acquistions
Tuesday, October 8, 2024
The boards of directors for OneAZ Credit Union and Western Arizona Bancorp Inc. reached a unanimous agreement through which OneAZ will assume substantially all assets and liabilities of 1st Bank Yuma. The all-cash transaction marks the 17th bank acquisition by a credit union of 2024 – the most ever in a single year.

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