OneAZ completes acquisition of 1st Bank Yuma to expand footprint in Southern Arizona
Acquiring Company
OneAZ Credit Union
Acquired Company
1st Bank Yuma
PhoenixYumaFinancial ServicesFinanceLendingBankingEducationNon ProfitDescription
OneAZ Credit Union has announced the acquisition of 1st Bank Yuma, with assets of $600 million. This strategic acquisition substantially expands OneAZ’s footprint to Yuma and Santa Cruz Counties, adding 5 branches to its network of 20 branches in Southern Arizona. The transaction, expected to be fully integrated by 2026, aims to drive economic growth, prosperity, and positive change across Arizona.
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Who to call at OneAZ Credit Union, and when
When OneAZ Credit Union changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired 1st Bank Yuma?
1st Bank Yuma was acquired by OneAZ Credit Union, based in Phoenix. The deal was reported on October 3, 2024. Serving Arizona since 1951, OneAZ Credit Union is a financial powerhouse managing over $3.4 billion in assets and serving over 200,000 member-owners and 12,000 business owners across 20 branches statewide. OneAZ Credit Union is privately held and operates in Financial Services.
When did OneAZ Credit Union acquire 1st Bank Yuma?
OneAZ Credit Union's acquisition of 1st Bank Yuma was reported on October 3, 2024. OneAZ Credit Union has announced the acquisition of 1st Bank Yuma, with assets of $600 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 1st Bank Yuma do?
1st Bank Yuma was established on September 4, 2001, as an Arizona State chartered bank, insured by the Federal Deposit Insurance Corporation. It is privately held, operating in Education, and is based in Yuma.
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