ARVADA, Colo.—The $675-million Climb Credit Union here and $97-million Community Choice CU, based in Commerce City, Colo., have announced plans to merge, the Denver Gazette reported.
The merger is pending member approval. If approved, the merger will take effect early next year.
“Our teams have always prioritized people first. By joining forces with Community Choice, we can offer members more opportunities, deepen our community impact, and build a stronger foundation for the future,” Climb President/CEO Carrie Langgard said in a release.
Under the proposed merger the combined organization will operate as Climb Credit Union, led by Langgard, according to the release.
“We’re excited to bring our members into the Climb family,” Community Choice Credit Union President/CEO Rainy Thoen said in the release. “Our shared values and member-first philosophy make this a natural partnership that will benefit our members and employees alike.”