California Credit Unions Announce Big Merger

The $1.9 billion Schools Financial CU to consolidate with the $14.8 billion SchoolsFirst FCU.

By Peter Strozniak | January 22, 2019 at 05:26 PM

California's largest credit union, the $14.8 billion SchoolsFirst Federal Credit Union in Santa Ana, and the $1.9 billion Schools Financial Credit Union in Sacramento said Tuesday they have reached a tentative agreement to merge by the end of the year.

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