News Summary
America First Credit Union is set to significantly expand its presence in Arizona by opening eight new branches by 2027. Following the recent inauguration of a new facility in Goodyear, the credit union aims to enhance its regional growth and improve access to financial services. The Goodyear branch represents a key milestone, being the first facility built from the ground up in the state. With a strong financial standing as the second largest regional credit union in Arizona, America First is poised to meet the increasing demand for diverse banking options.
Arizona Expands America First Credit Union Presence
America First Credit Union, a leading financial institution based in Utah, is making significant strides in expanding its footprint in Arizona. The credit union plans to open eight new branches across the state by the year 2027. This strategic move follows the recent inauguration of a new facility in Goodyear, marking a pivotal moment in the organization’s growth strategy.
Details on Recent Branch Opening
The first of these planned branches is a newly constructed 3,000-square-foot facility located at 15725 W. McDowell Road in Goodyear. This branch officially opened its doors to the public recently and currently employs seven staff members. The Goodyear location provides a comprehensive array of services that includes banking, mortgage, and wealth advisory options for the community.
Current Operations and Future Plans
Before the opening of the Goodyear branch, America First Credit Union had already established five branches throughout Arizona. This expansion effort is an important part of America First’s strategy to enhance its regional growth and further improve access to financial services across Arizona. The Goodyear branch stands out as it is the first America First Credit Union facility to be developed from the ground up in the state.
Financial Position and Market Standing
As of the first quarter of this year, America First Credit Union is recognized as the second largest regional credit union in Arizona, boasting a total of $22.6 billion in total assets and $15.5 billion in loans. These impressive figures underscore the credit union’s robust financial health and its commitment to serving the Arizona community.
Background of America First Credit Union
Founded in 1939, America First Credit Union has a long-standing history of providing financial services to its members. Initially established to serve employees of the Utah government, the credit union has since grown to serve individuals and families across multiple states. The organization’s membership not only includes residents of Utah but has expanded to include many individuals throughout Arizona, where it has rapidly built a solid reputation.
This new expansion into Arizona is not only significant in its organizational growth for America First, but also highlights an increasing demand for diverse banking options in the fast-growing communities of the state. As more residents seek accessible financial services that meet their needs, the introduction of these new branches will play a pivotal role in satisfying those demands and fostering economic growth.
As America First Credit Union continues to expand its services and reach into Arizona, it aims to enhance the financial lives of its members and contribute positively to the communities it serves.
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
