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.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.