Hard-Hit Arizona FCU Plans Additional Branch Closings

PHOENIX – Arizona FCU, which reported a credit union-record $115.9 loss last year, said it plans to shutter two more branches, both of them in Tucson.

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Details of the closings were not made publica. "When final actions and dates are determined, we will communicate directly with our members," the credit union said in a statement.

The $1.7 billion credit union closed four branches earlier this year, two in Mesa and one each in Phoenix and Tempe, in an effort to cut expenses.


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