Bank / Credit Union

America First Federal Credit Union acquires Meadows Bank

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July 17, 2026

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America First Federal Credit Union acquired Meadows Bank. With this acquisition, the combined institution has $24.6 billion in assets and $22.8 billion in deposits, according to a press release.

"When we formed Meadows Bank, our goal was to create a strong, relationship-driven institution, defined by the values and trust we've earned in the communities we serve," William Bullard, chairman of Meadows Bank, said in the release. "This partnership with America First reflects those same principles and delivers enhanced resources and products and services, while positioning our customers, employees and communities to benefit from enhanced capabilities and continued relationship-based banking. We are excited to carry our legacy forward with an organization that shares our culture and long-term vision."

Meadows Bank customers will have access to all of America First's branches, services and tools.

"Our credit union serves over 90,000 business members, and we are always seeking ways to expand our ability to serve those members, especially in the Nevada and Phoenix markets," Thayne Shaffer, president and CEO of America First, said in the release. "With Meadows, we found an opportunity to combine with an organization with compatible values and business practices. Their strong ties to the community, excellent culture and experienced team made them a perfect fit. With the strength of our combined balance sheet, Meadows' customers will have expanded borrowing options, and our members will have greater access to the commercial services they need to run their businesses."