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The $10.7 million HealthONE Federal Credit Union in Denver has merged into the $236 million Partner Colorado Credit Union in Arvada, Colo., the credit unions said.

Though HealthONE FCU posted a net worth of 10.96 at the end of last year, it also posted a net loss of $70,976 for 2012, according to NCUA financial performance reports.  In 2011 and 2010, however, the credit union posted a net income of $53,369 and $31,837, respectively. In 2009, HealthONE recorded a net loss of $75,419 and a net income of $36,604 in 2008, according to NCUA financial performance reports.

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Peter Strozniak


Credit Union Times

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