The $560 million Credit Union of Southern California, Whittier, one of the state's more profitable CUs, is completing a merger this month with the nearby $70 million WestWorks CU.
Under a deal approved by regulators to be finalized Dec. 31, CUSC will merge the Alhambra CU and its two branches, creating a credit union with eight branches and 55,000 members.
"Both ourselves and WestWorks are healthy credit unions which have been fortunate in avoiding a lot of the challenges faced in the southern California economy," said Edward Fox, executive vice president and chief operating officer of CUSC.
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