A Powerful Partnership
California Coast Credit Union and San Diego County Credit Union (SDCCU) announce intent to merge.
United for a Stronger Future
This merger will unite two financially sound and community-focused credit unions. Our joint strengths position us to better serve our members and expand our community impact.
Member Benefits
More Locations and Access - Once the merger is complete, members will enjoy access to more branch locations and ATMs throughout Southern California.
A Winning Combination – The partnership enhances our strengths by combining products, services, technology, and talent, all while maintaining our focus on delivering overall value, supporting our employees, and impacting the communities we serve.
Enhanced Experiences – As the two organizations become one, we will be able to leverage enhanced resources with combined expertise to develop innovative financial products and services and enhanced digital solutions.
Continued Commitment to Our Communities – Together, we’ll have an even greater impact on the communities we serve, and the non-profits we support. Both organizations have been committed to financial literacy initiatives and will continue to be avid promoters of this important cause.
Familiar Faces Under One Organization – No employees of either organization will lose their jobs as a result of this merger. In fact, this merger will bring exciting opportunities for the 1,400 employees of both organizations. Both credit unions are committed to maintaining a workplace that rewards, recognizes, and supports our mutual teams.
The merger process is subject to the approval of the California Department of Financial Protection and Innovation (DFPI), the National Credit Union Administration (NCUA), and a Cal Coast membership vote. We expect approval in early 2026 and systems integration in 2027.
We understand that this is a very exciting announcement, and you can rest assured that your accounts, checks, debit and credit cards, direct deposits, online banking, and branch access will remain unchanged for the time being. Please continue to visit this site and review our frequently asked questions to receive the latest information related to this partnership as we move along in the process.
Thank you for allowing us to be your trusted financial partners.
For specific questions regarding the merger, please reach out to:
Robert Scheid
858-636-5132
Read a copy of the official news release.
FAQs
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.
No employees will lose their job due to this merger, and credit union management is focused on retaining and supporting us all. This strategic partnership brings exciting opportunities for the employees. Both organizations are committed to maintaining a workplace that rewards, recognizes and supports the organization.
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.
