OneAZ Credit Union has received regulatory approval from the National Credit Union Administration (NCUA) to acquire substantially all of the assets and substantially all of the liabilities of 1st Bank Yuma. On November 21st, 1st Bank Yuma will officially become part of OneAZ Credit Union, marking an exciting milestone in OneAZ’s growth and commitment to serving Arizona communities.

LOCAL NEWS: Phoenix housing market outpaces national trends again in 2025

INDUSTRY INSIGHTS: Want more news like this? Get our free newsletter here

With the addition of 1st Bank Yuma’s assets, OneAZ Credit Union’s combined assets will grow to over $4.0 billion, strengthening our ability to serve members statewide. This acquisition enhances our products and services for members in Yuma, providing greater access to competitive loans, expanded digital banking tools, and the full benefits of being part of a statewide credit union while maintaining a strong local presence.

“We’re so excited to welcome 1st Bank Yuma into OneAZ,” said Mike Boden, Interim CEO of OneAZ Credit Union. “This is more than an acquisition, it’s about growing together, expanding access to financial services, and continuing to serve with care and compassion. With this step, we’re bringing our mission statement to life by helping more Arizonans thrive and building stronger communities across the state.”

The NCUA’s approval clears the way for OneAZ to move forward with the full integration of 1st Bank Yuma into its operations. This acquisition represents a major step in expanding OneAZ’s presence in Southern Arizona while reinforcing its commitment to providing accessible, community-driven financial services. Key details include:

  • Expanded Reach: OneAZ will extend its services to 1st Bank Yuma’s customers, strengthening its footprint in Yuma and surrounding communities.
  • Employee Support: 1st Bank Yuma’s employees will be welcomed into OneAZ, ensuring a smooth transition and continued quality service.
  • Member Impact: 1st Bank Yuma’s customers will gain access to OneAZ’s full suite of financial products, digital banking tools, and community programs.
  • Strategic Growth: The acquisition aligns with OneAZ’s long-term goals of serving more Arizonans and investing in strong local partnerships.

This acquisition highlights OneAZ’s strategic objective of expanding access to affordable, community-focused financial services throughout Arizona. By integrating 1st Bank Yuma, OneAZ is advancing its mission statement: to improve the lives of members, our associates, and the communities we serve. The growth also positions OneAZ to reinvest even more into local nonprofits, strengthen community partnerships, and create long-term opportunities for individuals and families in Yuma and across the state.