Arizona Copper Federal Credit Union and American Southwest Credit Union Announce Merger and Expansion
SIERRA VISTA, ARIZONA (April 19, 2024) – Members of Arizona Copper Federal Credit Union (ACFCU) and American Southwest Credit Union (ASCU) have exciting news for the future. The two established financial institutions are merging to create a stronger, more resourceful credit union, offering a wider range of financial services and greater convenience for members across southeastern Arizona.
The official announcement of the merger will be made by ASCU President & CEO Jay Williamson. This merger will combine the strengths of both credit unions, resulting in a more robust financial institution with a larger pool of resources to benefit members.
“The merger is a positive step forward for both ACFCU and ASCU members,” said Jay Williamson, ASCU President & CEO. “By merging, we can create a stronger financial institution that is better equipped to meet the evolving needs of our members.”
ACFCU members can expect to enjoy:
Personalized service: ASCU prioritizes building strong relationships with its members and providing personalized financial solutions.
Strong local presence: ASCU has a deep understanding of the needs of the communities it serves and is committed to supporting local initiatives.
Best-in-Class Digital Banking tools: Experience seamless online and mobile banking for your convenience.
Expanded Lending Options: Access to Mortgage, Small Business, and Agriculture Loans.
More Ways to Grow Your Money: IRA and other interest-bearing and deposit accounts not currently offered.
Widespread ATM Access: Gain access to over 55,000 surcharge-free ATMs nationwide.
Extensive Branch Network: Benefit from the convenience of 5,500 shared branches across the U.S.
Expanding Service in Thatcher
In addition to the merger, ASCU is pleased to announce plans to expand its reach by opening a new branch in Thatcher, Arizona. This new location will provide residents of Thatcher with greater access to convenient and affordable financial services. While the opening date for the new branch is yet to be determined, it is sure to be a welcome addition to the Thatcher community.
A Brighter Future for Southeastern Arizona
Now serving both Pinal and Gila Counties, the merger and expansion represent positive developments for credit union members in southeastern Arizona. The combined institution will be better equipped to serve the needs of its members, and the new branch in Thatcher will make financial services more accessible to residents of that community.
Local members with questions about the merger are encouraged to contact their respective credit union for more information.
About Arizona Copper Federal Credit Union
Established in 1955, Arizona Copper Federal Credit Union (ACFCU) has a proud heritage of serving the Copper Basin region.
About American Southwest Credit Union
Founded in 1954, American Southwest Credit Union (ASCU) is a member-owned financial cooperative with a mission to provide financial services to its members and improve the quality of life for everyone. ASCU serves members in Cochise, Gila, Graham, Greenlee, Pima, Pinal, and Santa Cruz Counties in Arizona.
Media Contact:
G. Serna, Marketing Manager, talktous@ascu.org