Embarking on its first merger, the $77 million NuVista Credit Union of Montrose, Colo. has agreed to take over the ailing Gunnison Western FCU effective Feb. 1.

For nearly eight months, NuVista has been acting on a request of examiners by assisting in management of the $4 million Gunnison CU, which has long been in the financial doldrums with depleted capital and an interim CEO, said NuVista officials.

 

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