Membership Approval of Merger!
We are excited to announce a vast majority of members who voted APPROVED the merger with Canyon State Credit Union!
Thank you to all members who voted and attended the Annual Meeting. As of June 1, 2020 we will officially merge with Canyon State Credit Union.
As a reminder, there will be no immediate changes to your accounts. We plan to roll out an improved mobile app and online banking platform that will be available in 2021.
Thank you again for your participation in the merger vote. We are now Stronger Together!
We Are All Stronger Together
On October 1, 2019 Canyon State Credit Union and Deer Valley Credit Union celebrated their merger. Many of the same strengths and values that brought us together are present in the ways that our friends at Southwest Healthcare Credit Union serve their members.
Therefore, it is with great excitement that we announce the proposed merger between Canyon State Credit Union and Southwest Healthcare Credit Union!
On April 5, 2020 we announced a proposed merger with our friends and respective colleagues at Southwest Healthcare Credit Union. This mutually beneficial merger will combine our two cooperative financial institutions so that we can:
- provide a greater selection of products and services
- provide additional conveniences
- strengthen our community impact
- and offer members an expanded branch network with nine new locations!
Both credit unions are very happy about the opportunities this merger will bring for all of us. We hope you join us in embracing this collaborative initiative to help create a more prosperous future for both memberships!
Frequently Asked Questions:
Will employees of Southwest Healthcare Credit union keep their jobs?
Yes! We're proud to say that all employees at both credit unions will retain their jobs!
Will the Southwest Healthcare CU location stay open?
Yes! The branch located at 1640 W. Thomas Road in Phoenix will stay open!
When will the merger be final?
After a positive vote from the Southwest Healthcare members and final approval from regulators, we hope to finalize the merger June 1, 2020.
How will my accounts be affected?
After the merger is official (June 2020), account and system experts from both credit unions will provide the most efficient and least disruptive solution for merging the two membership databases into one system. We'll provide frequent updates on the progress every step of the way, and work to make the transition as smooth as possible for you. Your accounts will not be affected until 2021.
Do I need to do anything now?
You do not need to do anything at this time. Please continue to conduct your banking transactions as you normally would. There will be no account changes until early 2021.
What happens if I’m a member of both credit unions?
Nothing will change for you at this time. You should take note that you will have the opportunity to vote on the proposed merger at Southwest Healthcare CU. We hope you vote in favor of the merger.
We truly feel that this merger brings significant benefits to the members of Southwest Healthcare CU. You will have access to more products, services, and locations while receiving premium rates and excellent service long into the future.
When you receive your ballot from Southwest Healthcare CU, we hope you vote in favor of our proposed merger. We're excited to welcome you!
We're already strong, but we can be stronger together!
Federally Insured by the NCUA.