Marking its third merger bid since May, the $545 million Credit Union of Southern California is extending its Los Angeles area footprint this week as it seeks to broaden member services.
CUSC of Brea said the planned addition of the $60 million, 4,100-member North Orange County CU of Fullerton would bring CUSC assets to $670 million in 2012 after two other pending California mergers win final member and regulatory approval.
CUSC has now won regulatory clearance from the California Department of Financial Institutions for the $40 million Inland Empire CU of Pomona and is awaiting approval on the $24 million Family 1 CU of Placentia.
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