Credit Union Of Southern California Merging With Pacific Transportation CU

me1004
  |     |   1,381 posts since 2010

Credit Union of Southern California will be the one that comes out on top when the merger is done on Sept. 1. Pacific Transportation CU will then be a division of SoCal, and continue to use the Pacific Transportation name at its branches for at least two years, yet be CU of SoCal. From that two year mark, they might drop the PacTrans name altogether.

https://www.cusocal.org/Partnership-Announcement/PacTrans/Pre-Merger-PacTrans-Funnel

Both are SoCal credit unions.

CU of SoCal is headquartered in Anaheim, CA, with 17 branches mostly in Orange and Los Angeles counties, but also in Riverside and San Bernardino counties. PacTrans is down to only four branches from the several it used to have, two in Los Angeles County, two in San Bernardino County.

I don’t see CD or savings rates at either worth jumping at. PacTrans has not had a worthwhile CD or savings rate in many years.



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