Southern California

  • On-Site Coverage: Merger Strategies Come Out of the Closet

    ANAHEIM, Calif. -- In a session that would have been taboo five years ago, the California and Nevada Credit Union Leagues Annual Conference was home to a session on merger strategies.

  • Donations

    Alliant Credit Union, Chicago, announced that its charitable organization, Alliant Credit Union Foundation, has recently completed its first year of operations,

  • Dykstra Says Talks with Five Corporates Held

    The new head of the California/Nevada Credit Union League, Diana Dykstra, joined the industry chorus Tuesday against CUs making hasty decisions on corporate services, stressing initial system recommendations may be at hand in a matter of weeks.

  • High Desert Adds Shared Location

    Financial Service Centers Cooperative added a second location in Southern California's high desert region, deploying a Vcom terminal July 26 in an Apple Valley, Calif. 7-Eleven store.

  • NCUA Hires Chief Economist

    John Worth, who has extensive experience as a government economist for several agencies, began work yesterday as the NCUA's chief economist.

  • Alaska USA 'Surprised' by Arrowhead Seizure

    The sudden NCUA takeover of the $876 million Arrowhead Central Credit Union on Friday was as much a surprise to the $4 billion Alaska USA FCU, now owner or co-owner of four former branches of Arrowhead, as it was to others, Alaska USA management reported.

  • Kinecta and NuVision Head to $5 Billion Mega Merger

    The boards of the $3.5 billion Kinecta FCU and $1.2 billion NuVision FCU have announced their intent to merge into an institution that will serve 300,000 members in two Southern California counties.

  • Merger Panelists Shine Light on P&A Process

    NEW ORLEANS -- Representatives from four credit unions that were involved in mergers or acquisitions shed some light on the closed-door and detailed process during a CUNA CFO Council session.

  • Stanford FCU CEO Retires

    After 14 years of service, Stanford Federal Credit Union CEO John R. Davis will retire effective May 14.

  • Two Ailing Sand State CUs Shed Branches and Shrink Loan Portfolios

    In separate moves, two of the struggling sand state credit unions, the $851 million Arrowhead Central CU in California and the $370 million AEA FCU of Yuma, Ariz., found themselves suffering more of the recession's fallout this month.

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