Southland Credit Union is a not-for-profit community-chartered
credit union
A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (che ...
in
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
,
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
serving the residents of
Orange County and
Los Angeles County
Los Angeles County, officially the County of Los Angeles and sometimes abbreviated as LA County, is the most populous county in the United States, with 9,663,345 residents estimated in 2023. Its population is greater than that of 40 individua ...
. They have over 60,000 members and $1 billion in assets. Southland Credit Union's member-owners get a full spectrum of financial products. Southland Credit Union was founded in 1936 to serve the financial needs of Los Angeles County employees.
History
* 1936 - Southland Credit Union established to serve the employees of the
Los Angeles County Flood Control District
The Los Angeles County Department of Public Works (LACDPW) is responsible for the construction and operation of Los Angeles County's roads, building safety, sewerage, and flood control. DPW also operates traffic signals and intelligent transportat ...
with seven volunteers.
* 1944 - State charter granted; name is changed to "Los Angeles County Civic Center Credit Union."
* 1981 - Corporate office moved from Los Angeles to
Downey Downey may refer to:
People
*Downey (surname)
*Robert Downey Jr.
Places
*Downey, California, US
*Downey, Idaho, US
*Downey, Iowa, US
Businesses
* W. & D. Downey, photographic studio
* Downey Studios, created out of a former Boeing plant
Schools ...
.
* 1989 - Merged with Auto Pro Federal Credit Union, South Coast Medical Center Federal Credit Union and Mobilehome Owners Federal Credit Union
* 1991 - Merged with Graphic Arts Credit Union.
* 1994 - Name changed to "Southland Civic Federal Credit Union" and the Credit Union received a federal charter. Merged with
Los Angeles County Bar Association
The Los Angeles County Bar Association (LACBA) is a voluntary bar association with more than 16,000 members throughout Los Angeles County, California, and the world. Founded in 1878, LACBA has strived to meet the professional needs of lawyers, ...
Credit Union.
* 1991 - Merged with Saints Federal Credit Union.
* 1996 - Merged with Sunrise First Federal Credit Union, which served the employees of Simpson Paper Company.
* 1999 - Converted back to a state charter with a name changed to "Southland Civic Credit Union" and completed a merger with Los Angeles
Internal Revenue Service
The Internal Revenue Service (IRS) is the revenue service for the Federal government of the United States, United States federal government, which is responsible for collecting Taxation in the United States, U.S. federal taxes and administerin ...
Employees Federal Credit Union.
* 2001 - Merged with FAMCO Federal Credit Union, which served the employees of AMERON, now
National Oilwell Varco
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and ...
.
* 2002 - Name changed to "Southland Credit Union" and corporate office is moved to
Los Alamitos.
* 2009 - Merged with Cityside Federal Credit Union, formally the
Los Angeles Times
The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...
Federal Credit Union.
* 2011 - Acquired the
Garden Grove branch of Fullerton Community Bank.
* 2012 - Merged with
Santa Monica
Santa Monica (; Spanish language, Spanish: ''Santa Mónica'') is a city in Los Angeles County, California, Los Angeles County, situated along Santa Monica Bay on California's South Coast (California), South Coast. Santa Monica's 2020 United Sta ...
City Employees Federal Credit Union.
* 2014 - Merged with Westside Employees Federal Credit Union, which served the employees of
Saint John's Health Center
Providence Saint John's Health Center, formerly St. Johns Hospital and Health Center, is a private not-for-profit, Roman Catholic hospital in Santa Monica, California, United States. The hospital was founded in 1942 by the Sisters of Charity of ...
in Santa Monica and merged with Patriots Federal Credit Union in Tustin, which served legacy military personnel stationed at
Marine Corps Air Station El Toro
Marine Corps Air Station El Toro was a United States Marine Corps Air Station located next to the community of El Toro and was then adjacent to the city of Irvine.
Before it was decommissioned in 1999, it was the home of Marine Corps Av ...
.
* 2017 - Merged with Harbor Federal Credit Union, which served the employees of
Harbor–UCLA Medical Center
Harbor–UCLA Medical Center is a 570-bed public teaching hospital located at 1000 West Carson Street in West Carson, an unincorporated area within Los Angeles County, California. The hospital is owned by Los Angeles County and operated by t ...
in Carson.
References
{{Reflist
Further reading
Southland Credit Union , Annual Report— Southland Credit Union Annual Report
External links
Official websiteOfficial Facebook Page
Credit unions based in California
Banks established in 1936