America First Credit Union finishes conversion of branches in Las Vegas

Published: Friday, Sept. 3 2010 4:19 p.m. MDT

RIVERDALE, Weber County — America First Credit Union announced Friday that it has fully converted all five branch offices of Las Vegas-based Community One Federal Credit Union, about a year after assuming COFCU operations at the direction of the National Credit Union Administration.

America First, based in Riverdale, Weber County, said in a news release that a "declining financial position" led to COFCU's involuntary liquidation. At the time of its assumption by America First, COFCU had about $159 million in assets and 21,000 members.

America First's five Las Vegas-area branches will open for business on Tuesday, Sept. 7.

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