Arizona

REGULATING AGENCY: Arizona Department of Insurance and Financial Institutions, Financial Institutions Division

Arizona Capitol Museum

ACCREDITED: 1996

LEAGUE: GoWest Credit Union Association

PRIVATE SHARE INSURANCE: No



2023 STATS 
  • Largest SCU: DESERT FINANCIAL CU $8.71B in assets
  • Largest FCU: HUGHES FCU $1.99B in assets
Fourth Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 16 19 35 45.71%
Credit Union Members 1.45M 0.5M 1.95M 74.43%
Credit Union Assets $24.42B $6.08B $30.49B 80.08%


FUN FACT

The state produces enough cotton each year to make two t-shirts for every American.


IN THE NEWS
Arizona Credit Union Buys Bank In 11th Such Deal of 2023

Nov. 10, 2023 — AEA Federal Credit Union’s purchase of West Valley National Bank will double its brick-and-mortar presence and expand it into the Phoenix and Las Vegas markets. Yuma, Arizona-based AEA Federal Credit Union will purchase substantially all of Goodyear, Arizona-based West Valley National Bank’s assets and assume substantially all of its liabilities in an all-cash deal announced Tuesday that represents the 11th time this year a credit union has bought a bank…


Story Archive

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