Banking & Finance  November 16, 2021

Canvas grows West; CEO recharts organic growth

Canvas Credit Union plans to buy Western Rockies Federal Credit Union, pending the latter’s membership vote Dec. 30 and final regulatory sign-off on the link-up after ballots are counted.

The deal is set to bring the much-bigger buyer a Western Slope foothold, which its CEO said is as much about pushing organic growth into new geography as it is about traditional mergers and acquisitions.

Canvas Credit Union CEO Todd Marksberry. Canvas is buying Western Rockies Federal Credit Union. Courtesy Canvas.

“I’m a firm believer in investing in the culture — technology, people, infrastructure,” said Canvas CEO Todd…

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