ANAHEIM HILLS, CA (December 9, 2015) — On December 1, 2015, Credit Union of Southern California (CU SoCal) and Fairview Employees Federal Credit Union (FEFCU) successfully completed their merger creating greater value and convenience for the combined Membership and increasing opportunities for employee development and career advancement.
The newly combined organization, which will retain the CU SoCal name, has approximately $1 billion in assets, 18 branch locations, and serves more than 78,000 Members. CU SoCal President/CEO Dave Gunderson will remain as President/CEO and FEFCU President/CEO, Chris Coursen, will continue to serve the combined organization in an advisory capacity. The FEFCU branch in Costa Mesa, California remains open with the same friendly associates and service hours.
“We are pleased to serve our Members’ financial needs as part of the CU SoCal team,” stated Coursen. “This merger creates tremendous opportunities for Members and employees. With this partnership, we are able to remain committed to the high level of service our Membership deserves while simultaneously offering them greater convenience and more innovative products and services.”
Gunderson shared, “We are equally excited about this partnership. CU SoCal and FEFCU both share a commitment of building better lives for Members and employees. Together, we bring our Members and employees greater value in both the long and short term.”
Founded in 1954 as Whittier Area Schools Federal Credit Union, CU SoCal is a credit union open to those who live, work, worship, or attend school in Los Angeles, Orange, Riverside and San Bernardino counties. CU SoCal has a superior five-star financial rating from BauerFinancial, holds more than $2 billion in assets, and serves more than 130,000 Members. For more information, visit CUSoCal.org.
Michelle Hunter
562.698.8326 | MHunter@CUSoCal.org
