Colorado

Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.

The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.

The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.

The Colorado Bankers Association says Elevations Credit Union's purchase of Cache Bank & Trust doesn't comply with state statutes.

After struggling with profitability, Horizons FCU has been approved to join Premier Members Credit Union later this year.

Members of Southwest Colorado Federal Credit Union in Durango have approved a deal that will see the $55 million-asset shop merge into Credit Union of Colorado.

The deal will create a bank with nearly $50 billion in assets.

The California company agreed to pay $14 million in cash for a bank with $131 million in assets.

The transaction will expand the CUSO's reach to nearly 1,200 credit unions.

Payments innovation is happening in small businesses like Rio Grande Mexican Restaurant, which has to manage a shift in how people shop, order, pay and communicate — all at the same time.

Elevations' purchase of Cache Bank & Trust would be the first credit union acquisition of a bank in the state.

Elevations Credit Union has agreed to buy the assets of Cache Bank & Trust.

A fintech called NCS Analytics wants to analyze power-use data at cannabis businesses for banks that finance them. It says the information can help expose illegitimate activity.

The Boulder, Colo.-based institution will now serve a dozen counties in its home state.

The California company will pay $39.4 million for the parent of First State Bank of Colorado.

Members of Mapleton Public Schools FCU still have to approve the merger into Westerra.

Independent Bank in Texas, the seller, gained the business after buying Guaranty Bancorp.

Credit union executives reported seeing an uptick in car loans as the weather improved but some predicted lending would be down this year.

Credit unions on the Corda blockchain platform will be able to make payments via EFT with CU Pay, a product the CUSO plans to roll out next year.