HAPO Community Credit Union Announces Acquisition of Community First Bank

Community First Bank Joins HAPO Community Credit Union to Forge a Stronger Future

We are delighted to announce that Community First Bank has entered into a definitive agreement with HAPO Community Credit Union. This alliance marks a pivotal moment in our history, signifying a bold step forward in our commitment to delivering superior financial services and fostering deeper community relationships, deepening our commitment to you – our valued clients and community members.

This union with HAPO Community Credit Union emerges from a shared commitment to client-centric service and community involvement. Both organizations are deeply dedicated to these principles, promising an integration that respects our heritage while opening pathways to a promising future.

 HFG Trust, a pivotal part of our family, will transition to an independent entity as a chartered trust company in Washington State, continuing to provide wealth management and corporate trustee services. Under the continued leadership of Ty Haberling and Will Wang, HFG Trust will remain at the forefront of offering holistic financial planning and sound fiduciary advice. Following the completion of this transaction, HAPO Community Credit Union will partner with HFG Trust to broaden wealth management and trust services, ensuring that the foundational values and relationships you have come to expect are preserved and strengthened.

 As we prepare to join forces with HAPO Community Credit Union, we remain steadfast in our core values of transparency, first-class service, and dedication to our clients, community, and employees. This strategic move enhances our ability to offer a comprehensive suite of financial products and services and strengthens our long-standing dedication to the Tri-Cities.

Once we integrate our operations, HAPO Community Credit Union will manage approximately $2.9 billion in assets and serve over 220,000 members across 25 branches in Washington and Oregon. However, our foremost priority is to ensure a seamless transition that keeps your interests at heart. Our dedication to being your Financial Partner for Life remains unchanged.

We are excited about the enhanced capabilities this partnership brings and are deeply committed to fostering a culture that values growth, excellence, and above all, the well-being of our clients and community.

Below, you can find more information on this transaction, including a press release, a letter to Community First Bank clients, and a Client Inquiry Response.

Thank you for your ongoing trust and partnership. We look forward to growing together, continuing to serve you with even greater dedication and to creating a legacy that spans generations.

 

Together Forward,

Community First Bank & HFG Trust

 

About HAPO Community Credit Union

HAPO Community Credit Union, headquartered in Richland, Washington, is a member-focused financial cooperative dedicated to providing high-quality financial services and products. With a commitment to community involvement and personalized service, HAPO strives to help its members achieve their financial goals and secure their financial future. For more information, please visit www.hapo.org.

About Community First Bank

Community First Bank, headquartered in Kennewick, Washington, is a well-respected local bank known for its commitment to providing personalized banking solutions and supporting community growth. With a strong presence in the Tri Cities area, Community First Bank has been a trusted partner for individuals and businesses seeking tailored financial services. For more information, please visit www.cfbhfg.com.