Apr1

Risk Management Council; Session One

By connecting peers in these areas, this council fosters communication and support that helps the industry identify and reduce the many areas of risk that credit unions face daily.
Apr3

Collectors Council; Session One

This session provides an opportunity to share challenges and successes with collection and recovery peers, ask questions and learn from each other, as well as gain insights from outside legal and industry experts. The demand to keep delinquencies low and recoveries high is challenging for any professional in this field.
May6

Virtual Compliance Legal Update

Join us for the 2024 GoWest Compliance Legal Update Seminar, a virtual seminar designed for credit union professionals like you.
May19

Q2 CDFI Roundtable

A place to connect with other CDFIs, learn what credit unions are doing in their communities, stay current on updates and relevant changes, and discover how GoWest can support you on your CDFI journey.
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Pima Federal Credit Union Receives Regulatory Approval to Acquire Republic Bank of Arizona.

Posted by on March 19, 2025

Pima Federal Credit Union

Pima Federal Credit Union (Pima Federal) announced on March 17 that it has received regulatory approval to acquire Republic Bank of Arizona (Republic Bank). The acquisition is scheduled to close on May 2, 2025, marking a significant milestone in their commitment to expanding their services.

With combined total assets of $1.5 billion, this strategic acquisition will enable Pima Federal to offer an enhanced suite of financial products and services, ensuring that members have access to comprehensive solutions tailored to their needs. This integration will also strengthen market presence and allow them to leverage the combined expertise and resources of both institutions.

“We are delighted to receive regulatory approval for the acquisition of Republic Bank of Arizona” said Eric Renaud, President & CEO of Pima Federal. “This acquisition represents a pivotal moment for our organization. By combining our strengths with those of Republic Bank, we are prepared to deliver even greater value to our members and communities. We are committed to ensuring a smooth transition and we look forward to welcoming Republic Bank’s customers and employees into the Pima Federal community.”

Linda Kennedy, Chair of the Board of Directors, added, “This acquisition aligns with our strategic vision and commitment to growth. We are excited about the opportunities it brings and look forward to serving our members with enhanced capabilities”.

The acquisition process will be completed over the coming months, with a focus on ensuring a seamless transition for all customers and employees. Pima Federal is dedicated to maintaining the highest standards of service and support throughout this period.

Posted in Arizona, Regional Member News.