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Announced

Wescom Credit Union to merge with Central Coast Federal Credit Union.

Synopsis

Wescom Credit Union, a credit union and financial services company, agreed to merge with Central Coast Federal Credit Union, a financial cooperative. Financial terms were not disclosed. “Given our commitment to delivering innovative products and services, the value we are able to pass to our membership through better rates, lower fees, robust access channels, and our unwavering focus on member service, we believe that we have the ability to expand our reach with this merger and build better lives for more Californians. Pending regulatory approval and a vote from the CCFCU membership, we believe this is a perfect union and will benefit our combined 240k members, soon to be nearly 900 team members, and the communities we serve,” Darren Williams, Wescom President and CEO.

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