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News Now

CU System
Arizona Colorado and Wyoming CUs vote for three-way merger
PHOENIX (3/28/11)--Member credit unions throughout Arizona, Colorado and Wyoming cast their votes in favor of the three-way merger, creating the new Mountain West Credit Union Association. The results of the vote were officially announced by Mike Williams, chairman of the Credit Union Association of Colorado, with Marsha Tynsky, chairwoman of the Credit Union Association of Wyoming, and Robert D. Ramirez, chairman of the Arizona Credit Union League, during the Colorado Association’s Annual Meeting Friday in Colorado Springs, Colo. Tynsky said she is pleased with the results and “excited about the possibilities of the future of the new organization,” adding: “Serving our member credit unions is what’s most important. This merger gives us all the opportunity to increase and improve our member services.” Credit Union Association of Colorado (CUAC) chairman, Mike Williams expressed his support for the merger as well. “I am confident this merger will build an association that will be a lasting benefit to all member credit unions,” Williams said. “Working with the leaders in the other two states has been a great fit right from the beginning.” Participation in the membership vote was high with overwhelming support in favor of the merger. “The support credit unions have shown is a strong statement to the energy that is behind this merger,” said Ramirez. “The need for a league is as important as ever. The challenge is how best to achieve efficiencies and still provide what credit unions expect from their league. This merger will allow us to meet the needs of all sizes of credit unions.” Scott Earl, president/CEO of the Arizona Credit Union League will become the new CEO of the Mountain West Credit Union Association. The newly formed association will be headquartered in Denver with offices and staff maintained in Phoenix and Casper, Wyo.


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