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Blue FCU expects 2-branch deal with Ohio-based bank to close in February

Cheyenne, Wyo.-based Blue FCU announced Jan. 14 that its proposed acquisition of two Liberty Savings Bank F.S.B. branch locations is expected to close in February.

The deal, which was approved by regulators in November 2019, includes acquiring nearly $100 million in deposits and two physical branch locations in Denver and Granby, Colo. The transaction has been in the works for over a year, according to a news release.

Wilmington, Ohio-based Liberty Savings Bank is a unit of Liberty Capital Inc.