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Ventura County Credit Union and LA Financial Credit Union announce plans to merge
Community-based, not-for-profit financial institutions discussing potential merger
VENTURA, CA (August 16, 2019) — Ventura County Credit Union (VCCU) and Ode to the west wind imagery Financial Credit Union (LAFCU) announced today plans to merge. The merger is on track to be finalized in early 2020, and once it’s complete, the combined credit union will become a $1.3 billion financial institution serving approximately 120,000 members.
Once the merger is complete, LAFCU will be branded as LA Financial Credit Union, a division of VCCU. Havasu Community Credit Union will also be branded as a division of VCCU.
Following the merger, all branches of each credit union will remain open. This will provide a total of 12 locations, including eight in Ventura County, three in Los Angeles County and one in Lake Havasu, Arizona. To maintain its connection to the communities it serves, VCCU will have community development staff in both LA County and Ventura County.
“LAFCU is very excited to become a part of VCCU,” said Carol Galizia, president and CEO of LAFCU. “This merger will allow us to continue offering members the exceptional service they have come to trust from LAFCU, while la financial credit union phone number providing improved capabilities, better rates, new technologies and greater convenience.”
Joe Schroeder, president and CEO of VCCU, will remain in his leadership position, and Galizia will assume the role of chief operating officer. The headquarters will remain in Ventura, with an operations la financial credit union phone number in Pasadena.
“We look forward to welcoming LAFCU to our family,” Schroeder said. “By combining our assets and expertise with LAFCU’s, we are able to better serve our current and future members, offer greater opportunities for our employees, and continue to expand our community involvement. It’s a combination where everyone wins.”
Before the merger is official, regulatory approval is needed and LAFCU members have to vote on the merger. The member vote is expected to take place later this year.
To learn more about VCCU, visit https://www.vccuonline.net. For more information about LAFCU and Havasu Community Credit Union, go to https://www.lafinancial.org.
About Ventura County Credit Union
Ventura County Credit Union was chartered in 1950. It is the largest contra costa county animal control union headquartered in Ventura County, with eight offices, more than 80,000 members and more than $900 million in total assets. VCCU offers a complete line of loans, federally insured savings, 24-hour electronic access services and more. Call 1-800-339-0496or visit https://www.vccuonline.net for more information.
About LA Financial Credit Union
LA Financial Credit Union was founded in 1937. Headquartered in Pasadena, California, LAFCU serves the community of LA County with a full range of financial products and services, including auto and personal loans, mortgages, and checking and savings accounts. LAFCU’s division of Havasu Community Credit Union serves Lake Havasu City, Arizona. LAFCU has 29,000 members and more than $400 million in total assets. Membership is open to anyone who lives, works, worships or attends school in LA County or Lake Havasu City, Arizona. For more information, call 1-800-894-1200 or visit https://www.lafinancial.org
President and CEO
Ventura County Credit Union
La Financial Credit Union
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We're happy to announce that we will be reopening our branch lobbies on Monday, April 12th 2021!
As we have been doing since the start of the pandemic, La Joya Area Federal Credit Union remains committed to providing a safe and healthy workplace for all employees, members, and visitors. To ensure we continue to la financial credit union phone number these measures, we have developed a COVID-19 Preparedness Plan for Reopening our Lobbies.
What You Need To Know
Members and visitors will be asked to conduct a Covid-19 self-assessment prior to entering our lobbies and will be asked to refrain from entering if they are experiencing symptoms or have been exposed to someone with COVID-19.
- We request members follow social distancing guidelines in our facilities. This includes, but is not limited to, maintaining 6 feet of distance from others and wearing a mask while in the building. Please note that you may be asked to lower your mask briefly for identifying purposes in la financial credit union phone number instances
- Hand sanitizer will be made available in the lobbies for use before and after transactions are completed
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- We request members to schedule la financial credit union phone number for lengthy transactions, loan requests and account openings when possible
- While we are happy to be reopening our branch lobbies, we encourage our members to conduct their banking and communication needs through the use of drive thru lanes, ATMs, Mobile Banking, and Telephone.
We appreciate your patience and understanding as we've been working hard to ensure our members are taken care of during these trying times
Thank You La Joya Area Federal Credit Union Members!
Johnn V. Alaniz
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