The West Coast saw the expansion of a $2.2 billion credit union serving five as Denali Federal Credit Union and NuVision Credit Union said they have signed a merger agreement proposing to combine the two organizations.
Denali FCU, headquartered in Anchorage, Ak., had more than $650 million in assets and served some 73,000 members via branches throughout Alaska and in Kent, Wash. It became a division of NuVision CU, Huntington Beach, Calif., which had assets of approximately $1.6 billion, 92,000 members, and operated 16 branches in Los Angeles and Orange Counties in California, plus sites in Arizona and Wyoming.
