Tuesday, July 19, 2022

Credit unions in Arizona, Minnesota change names

A pair of credit unions have changed names. 

Arizona Federal Credit Union in Phoenix has rebranded as Arizona Financial Credit Union. 

The $2.8 billion-asset credit union’s members voted in April to switch its federal charter for a state charter. 

The charter switch will allow Arizona Financial to expand beyond Tucson and Maricopa and Pinal counties. 

“With this change, we were required to remove ‘federal’ from our name – and ‘financial’ made perfect sense,” the credit union said on its website. 

Separately, Fulda Area Credit Union in Fulda, Minn., is now Leading Edge Credit Union. 

The new name “reflects the primary mission of providing exceptional financial products and services to benefit all community members and their future success,” the $147 million-asset credit union said in a press release.

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