This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Premier Members FCU, Colorado United CU Merger Approved

BOULDER, Colo., Dec. 10 /PRNewswire/ -- Premier Members Federal Credit Union and Colorado United Credit Union have received regulatory approval and a positive membership vote by the Colorado United members.  The merger will close effective January 1, 2010.


Colorado United's membership voted overwhelmingly in favor of the merger.  Now, all three Colorado United locations will be rebranded to Premier Members, and members will begin receiving Premier Members' benefits.

Rhett B. Rowe, President and CEO of Premier Members, will retain his role as CEO of the unified credit union, and Branda Abbott, President and CEO of Colorado United, will become Premier Members' President and COO.  All other Colorado United employees will remain with the credit union.

"We are very excited to move forward with the merger, since the staff views it positively," said Abbott.  "We are ready to extend Premier's brand to the Colorado United members, giving them the full benefit of Premier Members."

"Both teams from Colorado United and Premier Members have worked very hard to make this merger come to fruition, and I am very pleased at the effort they have put forth," said Rowe.  "We have a dynamic team assembled that will provide unmatched service to a large membership base, and going forward, more people will see why we are Colorado's premier credit union."

Premier Members FCU began in 1966 in Boulder as the credit union supporting the IBM facilities.  With the merger, the credit union has 11 branches, more than $390 million in assets and more than 40,000 members.

SOURCE Premier Members Federal Credit Union

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs