Southland Credit Union

Southland Credit Union

Company type	Credit union
Founded	1936
Headquarters	Los Alamitos, California, United States
Number of locations	8 Branches
Area served	Orange County and Los Angeles, California
Total assets	$1b USD (2021)
Website	southlandcu.org

Southland Credit Union is a not-for-profit community-chartered credit union in California, United States serving the residents of Orange County and Los Angeles County. They have over 60,000 members and $1 billion in assets. Southland Credit Union's member-owners get a full spectrum of financial products. Southland Credit Union was founded in 1936 to serve the financial needs of Los Angeles County employees.

History

• 1936 - Southland Credit Union established to serve the employees of the Los Angeles County Flood Control District with seven volunteers.
• 1944 - State charter granted; name is changed to "Los Angeles County Civic Center Credit Union."
• 1981 - Corporate office moved from Los Angeles to Downey.
• 1989 - Merged with Auto Pro Federal Credit Union, South Coast Medical Center Federal Credit Union and Mobilehome Owners Federal Credit Union
• 1991 - Merged with Graphic Arts Credit Union.
• 1994 - Name changed to "Southland Civic Federal Credit Union" and the Credit Union received a federal charter. Merged with Los Angeles County Bar Association Credit Union.
• 1991 - Merged with Saints Federal Credit Union.
• 1996 - Merged with Sunrise First Federal Credit Union, which served the employees of Simpson Paper Company.
• 1999 - Converted back to a state charter with a name changed to "Southland Civic Credit Union" and completed a merger with Los Angeles Internal Revenue Service Employees Federal Credit Union. ^[1]
• 2001 - Merged with FAMCO Federal Credit Union, which served the employees of AMERON, now National Oilwell Varco. ^[2]
• 2002 - Name changed to "Southland Credit Union" and corporate office is moved to Los Alamitos.
• 2009 - Merged with Cityside Federal Credit Union, formally the Los Angeles Times Federal Credit Union. ^[3]
• 2011 - Acquired the Garden Grove branch of Fullerton Community Bank. ^[4]
• 2012 - Merged with Santa Monica City Employees Federal Credit Union. ^[5]
• 2014 - Merged with Westside Employees Federal Credit Union, which served the employees of Saint John's Health Center in Santa Monica and merged with Patriots Federal Credit Union in Tustin, which served legacy military personnel stationed at Marine Corps Air Station El Toro. ^[6]
• 2017 - Merged with Harbor Federal Credit Union, which served the employees of Harbor–UCLA Medical Center in Carson. ^[7]

References

1. "1999 Annual Report" (PDF). California Department of Financial Institutions. Dec 1999. Retrieved 4 May 2014.
2. "Monthly Bulletin, August 2001". California Department of Financial Institutions. Aug 2001. Retrieved 30 May 2014.
3. Rubenstein, Jim (May 8, 2009). "L.A. CUs on Merger Path". cutimes.com. Retrieved 30 May 2014.
4. Henderson, Shelley (Nov 20, 2011). "Southland Credit Union opens new office at Garden Grove civic center". oc-breeze.com. Retrieved 30 May 2014.
5. Greenberg, Eddie (Sep 18, 2012). "Santa Monica Credit Union Merging With Southland Credit Union". santamonica.patch.com. Retrieved 30 May 2014.
6. "Monthly Bulletin, January 2014" (PDF). California Department of Business Oversight. Jan 2014. Retrieved 22 Oct 2014.
7. "Southland CU, Harbor FCU Announce Merger Plan". Credit Union Journal. Aug 2016. Retrieved 29 Dec 2016.

Further reading

• Southland Credit Union | Annual Report — Southland Credit Union Annual Report

External links

• Official website
• Official Facebook Page