Huntington Beach-based Nuvision Credit Union today announced regulatory approval for a merger that allows it to expand into Northern California. The price wasn’t disclosed.
Nuvision said it’s merging with SafeAmerica Credit Union, a Pleasonton-based firm with $500 million in assets. The combined $3.8 billion credit union, which will serve 200,000 members with 36 branches in 2025, across California, Alaska, Arizona, Washington, and Wyoming, will operate under the Nuvision name.
“As a larger organization with a significant northern California Bay Area presence, we are well positioned to continue to grow and enhance the services we offer to all our members,” Nuvision Chief Executive Roger Ballard said in a statement.
SafeAmerica was originally chartered in 1953 to serve the employees of Safeway Inc.