SOOPER CREDIT UNION/DENVER COMMUNITY CU: “MERGER OF OPPORTUNITY”

 

Denver, CO – Sooper Credit Union in Arvada, Colorado and Denver Community Credit Union in Denver, Colorado have entered into an intent-to-merge agreement. Both credit unions combined will operate out of 9 Colorado locations, with over $620 million in assets. The merger is expected to be completed by the third quarter of 2017.

“We see a lot of synergies for our members and employees in this partnership,” said Dan Kester, President and CEO of Sooper. “Convenience will be enhanced with the addition of branches. This partnership is the next step – a foundational step – toward our larger goal of providing our members with a broader platform of products and services.”

“Both credit unions are very strong financially. It is a merger of opportunity focused on providing value to our members,” said Carla Hedrick, President and CEO of Denver Community CU. “We are both state-chartered, with similar cultures and philosophies, and we have worked very collaboratively for many years.”

About SOOPER:

Since 1951, Sooper Credit Union has helped members reach their financial goals. Sooper serves members in four principal states – Colorado, Wyoming, Utah and New Mexico. We offer a wide range of products including savings & checking accounts, investment plans, consumer and business loans and convenient services. Sooper brings innovative products to market such as SooperPay, the most secure money transfer app available. Download the free* app today in the Apple® or Google Play store! Learn more at www.soopercu.org.

About Denver Community CU:

Since 1934, Denver Community Credit Union has been advancing financial opportunity for its members and community. Anyone who lives or works in Adams, Arapahoe, Jefferson, or Denver Counties is welcome to become a member. We serve our communities with quality loans with low rates, and savings and checking products that help members effectively manage their money. Our staff provides top level service by focusing on finding solutions that help members reach further to achieve their financial goals. The credit union also positively impacts members and communities with the award-winning Clear Money Program; a financial education program. Learn more at https://www.denvercommunity.coop/

*There is no charge for the SooperPay app, but messaging and data rates may apply from your mobile carrier.

 

For more information, contact:

Donna Ogorek, (303-427-5005, Ext. 5641) dogorek@soopercu.org

Helen Gibson, (303-626-0760) hgibson@denvercommunity.coop