Premier Members, Boulder Valley credit unions plan merger

BOULDER — Premier Members Federal Credit Union and Boulder Valley Credit Union said Thursday they intend to merge.

The new organization will operate as Premier Members Credit Union. The two Boulder-based credit unions in a joint statement said the new organization will use BVCU’s state charter and will continue to have its corporate office in Boulder. Staffs at both credit unions, approximately 185 full-time workers and 25 part timers, will be retained.

The boards of both credit unions have approved the merger, but it still must be approved by state and national regulators, as well as Premier Members’ membership.

Carlos Pacheco, Premier’s chief…