A Powerful Partnership

No. All branches remain open, and member services continue to operate as usual. There is no impact to your accounts, your funds, your loans, or any of the digital or in-person services you rely on. Your money continues to be safe and secure.

It is not uncommon for differences to arise during complex merger discussions. Cal Coast has taken legal action to ensure that its contractual rights are honored and that the merger process moves forward. This step protects the interests of our members, employees, and community partners. These matters are being handled through appropriate legal channels.

Yes. California Coast Credit Union remains a financially strong and well-capitalized credit union. We operate under strict regulatory oversight and are routinely reviewed by state and federal authorities to ensure safety, soundness, and compliance.

In addition, all member deposits are federally insured by the National Credit Union Association (NCUA) up to $250,000 per individual depositor, with many members qualifying for additional coverage based on how their accounts are structured.

No, the merger has not been cancelled. Certain aspects of integration planning between the two credit unions in connection with the merger have been temporarily paused as the parties proceed through the legal process. Cal Coast remains focused on carefully evaluating next steps guided by the court and what is in the best interests of our members.

The process of integrating the two credit unions in connection with the merger has been temporarily paused. Through the court system, Cal Coast is seeking to ensure that its contractual rights are honored and that the merger process moves forward, and Cal Coast remains confident that it will. These matters are being addressed through the appropriate legal channels, and it is important for that process to run its course.

Throughout this period, Cal Coast will continue to remain focused on acting in the best interests of our members, ensuring transparency and sound governance. Members can be assured their accounts are safe and services are not impacted while these matters are being resolved.

Cal Coast is addressing any differences through the appropriate legal process and will not litigate matters through the media. These issues are being reviewed by the court, where facts can be examined and applied to law to achieve resolution.

Cal Coast remains confident in its financial strength, governance, and regulatory standing; and we continue to operate normally while this process moves forward.

Legal timelines vary; but rest assured, we are committed to keeping members informed as updates become available.

All updates that affect members will continue to be shared through official Cal Coast communication channels, including our website, online banking messages, and direct member communications.

Your local branch team and our Member Service Center are here to help with your everyday banking needs. The Member Service Center can be reached at (877) 495-1600.

Absolutely. The Board of Directors of both institutions enthusiastically support the merger and are excited about the opportunities it brings for growth and enhanced benefits for everyone involved.

We’re committed to keeping you informed along the way. As the process continues, please refer to this special merger page for important notices, dates, and events. 

Not at all. We are excited to welcome new employees to the organization and the same familiar faces will be at your local branch. 

This is a scam, and neither credit unions will send you a text regarding this information. You should go to our respective websites www.sdccu.com/merger or www.calcoastcu.org/merger to find the most recent information. As always, you must be diligent and take steps to protect yourself from scams.

Neither credit union will ask you for your username and/or password, your card CVV number, account PINS, login credentials, or other sensitive account information.  You must always think twice before giving someone your personal credentials. Fraudsters frequently use tactics to try and trick the unsuspecting victim into thinking they are really communicating with the credit union. When in doubt, DELETE AND REPORT JUNK, HANG UP, and/or NEVER CLICK unsolicited texts, calls, or emails. You can always contact the credit union’s main number to ask if the request is truly coming from a legitimate source.  

By joining forces with SDCCU, the partnership will bring exciting opportunities including: 
•    Members will benefit from more branch and ATM locations across Southern California.
•    The two organizations combined can achieve more than either of us could do on our own. 

For now, it’s business as usual! Members will continue to access their accounts, use their checks, and enjoy the same friendly service they’re used to at both credit unions.
 
As we move forward with the merger, some enhancements will roll out over time. We’ll keep you informed every step of the way, ensuring any updates are shared well in advance. Rest assured, our commitment to exceptional service and putting members first remains our top priority.

This merger is a strategic partnership with two like-minded, financially sound and local credit unions. Pending regulatory and Cal Coast member approval, this merger will change the financial landscape in Southern California for the better! 

For now, it’s business as usual! Please continue to use your accounts as you normally do. You can visit www.sdccu.com/merger for any information regarding SDCCU accountholders. Additionally, as you are a Cal Coast member, please visit their site at www.calcoastcu.org/merger for up-to-date information.  

Both credit unions will operate independently until the legal merger date, which is anticipated to be in early 2026. At which point, the credit union will retain the California Coast Credit Union name and Todd Lane, the President/CEO of Cal Coast CU, will become the President/CEO of the combined credit union. 

Strategic mergers offer the unique opportunity to combine our strengths, expand our impact, and offer our members more locations and leverage our size to enhance resources and develop innovative financial products and services. 

Yes, member deposits will continue to be federally insured by the National Credit Union Share Insurance Fund (NCUSIF). For information regarding the insurance fund, as well as a calculator to help determine your coverage, you may visit: www.mycreditunion.gov/estimator. 

Your funds in your account are insured by the National Credit Union Administration (NCUA) up to $250,000 per account, and in some cases more, due to vesting. If you have more funds than that combined, you may consider opening accounts with different ownership categories such as a single account, or a joint ownership account, and distribute your funds across each appropriately. 

While there should be no effect on your debit or credit card, or your accounts in general for that matter, there is plenty of time before our systems are integrated. First, we still need regulatory approval and Cal Coast members must consent to the merger. We don’t anticipate system integration until late 2026, and into 2027. Both credit union’s members will be kept informed along the way. As a Cal Coast member, you can visit calcoastcu.org/merger to receive up to date information related to our integration process.