A Colorado Springs credit union, the $135 million Aventa, whichover the weekend completed an NCUA-engineered purchase of theonce-conserved Saguache County Credit Union, voiced strong supportMonday for the role of mid-sized credit unions in supportingindustry growth.

The fact is, said Gregory Mills, Aventa's president/CEO, whilelarger credit unions continue to hold political sway healthy creditunions like his serve an important economic niche in protectingsmall communities threatened by the loss of financial services.

“We did our due diligence and were able to step up and handlethis merger with NCUA though it did require a second look,” Millssaid of Aventa's NCUA purchase/assumption of the $17 million Saguache County CU intiny Moffat, Colo.

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