Credit Union of Southern California and Inland Empire Credit Union have announced plans to merge.

The $600 million CU SoCal, based in Whittier, and the $39.5 million IECU of Pomona, Calif., would together form a credit union with eight branches and 19 ATMs.

 "While both credit unions are financially sound and doing well today, we know that together we can create a new organization that will be strategically positioned to grow and bring our members even more value and greater convenience over the long term," said Dave Gunderson, SoCal president/CEO.

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