DENVER - (01/28/05) -- DPS CU and Safeway Rocky MountainFCU announced they have agreed to merge, creating the state'sthird-largest credit union with $15 million in assets and 56,000members. The combination has been approved by both boards but stillrequires regulatory approval and a vote by the Safeway RockyMountain FCU members. The new entity will be headed by AlanPeppers, president of DPS CU, which was chartered in 1934 to serveDenver Public School Employees.
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A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
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