EL PASO CREDIT UNION TO BUY 11-BRANCH BANK
https://s.yimg.com/ny/api/res/1.2/VYi_kf3Cauy_EwlpxFTleA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/banking_dive_717/1a884ce31186866114c0e41c42510469
✍️ GECU, a credit union based in El Paso, Texas, is acquiring Bank of the Southwest, a bank based in Roswell, New Mexico, to create a $4.7 billion-asset financial institution.
👉 GECU will acquire Bank of the Southwest to create a $4.7 billion-asset financial institution 👉 The deal will enhance GECU's range of financial products and strengthen its presence in New Mexico 👉 GECU's President and CEO, Crystal Long, will remain at the helm of the new institution 👉 The acquisition has the support of both boards of directors and leadership teams 👉 The deal is subject to regulatory approval
-- #CrystalLong #K.AndrewHogan #MichaelBell #ElPaso,Texas #Roswell,NewMexico #LasCruces,NewMexico #business
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