California Coast and San Diego County Credit Unions Announce Strategic Merger

The merger, pending regulatory approval and a membership vote, will create a $13.5 billion financial institution serving nine Southern California counties.

• California Coast Credit Union and San Diego County Credit Union have confirmed plans to merge, forming one of the largest credit unions in California and the nation.
• The combined entity will have $13.5 billion in assets, 65 branches, and over 1,400 employees, ranking fourth largest in California and 16th nationwide.
• The merger requires regulatory approval and a membership vote by California Coast members, with the legal merger expected in early 2026 and full integration by 2027.
• The new organization will operate under the California Coast Credit Union name, with Todd Lane as President/CEO and Teresa Campbell retiring post-merger.
• Both credit unions have emphasized no job losses will occur, highlighting their commitment to retaining talent and expanding community impact.

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Times of San Diego Benzinga American Banker