HUNTINGTON BEACH, Calif.–Nuvision Credit Union here and Denali FCU in Anchorage, Alaska, are reporting member and regulatory approval for a merger they say will become effective Oct. 1.
When complete, the combined credit union will have more than $2.2 billion in assets and serve more than 160,000 members across 31 branches in California, Alaska, Arizona, Washington and Wyoming.
CUToday.info had earlier reported the intention to merge here.
Nuvision Chief Executive Roger Ballard will become the CEO and Denali CEO Bob Teachworth will lead Denali’s operations in the Pacific Northwest, according to a statement released by the credit union.
Denali will operate as a division of Nuvision and continue to operate its branches and retain its branding.