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Nuvision Expands in San Diego

Acquires Paradise Valley Credit Union

Huntington Beach-based Nuvision Credit Union is acquiring National City-based Paradise Valley Federal Credit Union (PVFCU), effective May 1.

The acquisition adds 4,500 members, $80 million in assets and 14 branches in the San Diego area to Nuvision, which currently has 160,000 members, $3.2 billion in assets and 26 branches spread among five western states.

The combined credit union will operate under the Nuvision name and charter, with leadership and employees from both credit unions. Nuvision CEO Roger Ballard will be CEO of the continuing credit union; PVFCU CEO Bud Schaffner will remain with the combined credit union, who will focus on business development and community outreach in the San Diego area.

“With our shared mission and values, together we’ll continue to serve all the financial needs of our hard-working members, providing an enhanced banking experience, while maintaining PVFCU’s long heritage of service to its members and the San Diego community,” Ballard said in a statement.

 

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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