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California Credit Unions in Anaheim & Los Angeles Plan Consolidation

If approved by members, the combined organization would manage $3.9 billion in assets, $2 billion in loans, and serve more than 178,000 members.

By Peter Strozniak | December 10, 2024 at 05:52 PM
Drone view of downtown Los Angeles,CA. Credit: Newport Coast Media/Adobe Stock

LA Financial Federal Credit Union is asking its members to approve its proposed merger with the Credit Union of Southern California in Anaheim.

Based on third quarter NCUA financial performance reports for both credit unions, the combined organization would manage $3.9 billion in assets, $2 billion in loans with a workforce of 479 employees that would operate 26 branches and serve more than 178,000 members across Los Angeles, Orange, Riverside and San Bernardino counties.

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