AEA Federal Credit Union to acquire West Valley National Bank.

AEA Federal Credit Union, a financial cooperative, agreed to acquire West Valley National Bank, a community bank. Financial terms were not disclosed. “This partnership with West Valley National Bank and its customers will expand our footprint into the Phoenix, Arizona region and also add a presence in Las Vegas, Nevada. Our goal as a certified Community Development Financial Institution (CDFI) is to serve the underserved, and by expanding our footprint eastward into Arizona through this acquisition, we can do so more expediently,” Adele M. Sandberg, AEA Federal Credit Union President and CEO.