Credit union becomes billion-dollar business

Ventura County Credit Union and Pasadena-based LA Financial Credit Union announced plans for a 2020 merger. The new $1.3-billion business will serve 120,000 members in Southern California and Arizona, officials said.
When the merger is finalized next year, LAFCU will be branded as LA Financial Credit Union, a division of Ventura County Credit Union. The merger also brings aboard the LA Financial subsidiary, Havasu Community Credit Union.
All branches of each credit union will remain open followi...

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