Pima Federal Credit Union gains regulatory approval for Republic Bank of Arizona acquisition

Tucson-based Pima Federal Credit Union is a step closer to becoming the sixth-largest credit union in Arizona.

Pima Federal Credit Union on March 17 announced it gained regulatory approval to acquire assets of Phoenix-based RBAZ Bancorp., the parent company of Republic Bank of Arizona, in an all-cash deal.

PFCU had previously unveiled plans to acquire Republic Bank in May 2024, paving the way for its entry into Maricopa County.

Read more of this story from the Business Journal.

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