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GECU looking to buy Bank of the Southwest

EL PASO, Texas (KVIA) -- GECU, which is the largest locally-owned federal credit union here in El Paso, is looking to buy the Bank of the Southwest.

Bank of the Southwest is based in New Mexico and has 11 locations. It has more than $186 million in assets, which GCU will take over once that sale is finalized.

Bank of the Southwest will operate under the GCU name.

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