As part of its metro Denver expansion, the $975 million Elevations Credit Union of Boulder is making plans to merge with the nearby $80 million St. Vrain Valley CU of Longmont.

Both CUs are healthy and well-capitalized, with St. Vrain choosing the merger route to expand a product line that would include mortgages offered by Elevations, the state's fifth-largest credit union.

The planned merger is subject to approval of the St. Vrain membership and regulators.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.