Thursday, January 16, 2020

Blue FCU to Buy Two Bank Branches and Deposits in Colorado

Blue Federal Credit Union (Cheyenne, WY) has agreed to buy two branches in Colorado from Liberty Savings Bank, FSB (Wilmington, OH).

The $1.1 billion-asset credit union said in a January 14 press release that it will also gain $101 million in deposits and 2,149 customers when it purchases the offices in Denver and Granby.

Blue FCU did not disclose the price of the deal.

The transaction, which was approved by regulators in November, is expected to close in February.

Read the press release.

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