{"id":458049,"date":"2026-09-09T07:32:17","date_gmt":"2026-09-09T07:32:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/458049\/"},"modified":"2026-09-09T07:32:17","modified_gmt":"2026-09-09T07:32:17","slug":"two-sacramento-credit-unions-to-merge-with-2-billion-assets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/458049\/","title":{"rendered":"Two Sacramento credit unions to merge with $2 billion assets"},"content":{"rendered":"<p>Two Sacramento-area credit unions plan to merge in a deal that would create a new financial institution with $2 billion in assets.<\/p>\n<p>The merger of Sierra Central Credit Union and First U.S. Community Credit Union <a href=\"https:\/\/firstus.org\/news\/first-us-sierra-central-merger\" rel=\"nofollow noopener\" target=\"_blank\">must be approved<\/a> by regulators and a vote of members, the firms said in a Thursday news release.<\/p>\n<p>The combined companies will have more than 300 employees at 23 branches across Northern California, and serve more than 114,000 members.<\/p>\n<p>No layoffs are anticipated as a result of the merger, the companies said.<\/p>\n<p>Sierra Central, headquartered in Yuba City, would be the continuing firm.<\/p>\n<p>\u201cBy bringing together two strong, community-focused credit unions, we\u2019re creating an organization that\u2019s better equipped to serve our members today while preparing for the needs of tomorrow,\u201d Shonna Shearson, First U.S. Community CEO, said.<\/p>\n<p>She will lead the merged company.<\/p>\n<p>\u201cThis is a partnership, both organizations are uniting under a shared vision to better serve our members and communities,\u201d Ron Sweeney, Sierra Central CEO, said. He will retire once the merger is completed.<\/p>\n<p>The organizations intend to merge by early 2027, although integration will continue through 2028.<\/p>\n<p>Sierra Central opened its first credit union at Beale Air Force Base in 1955. First U.S. Community was founded in 1936.<\/p>\n<p> Loading\u2026<\/p>\n<p>                <a class=\"author-name\" href=\"https:\/\/www.sacbee.com\/profile\/218174905\/\" rel=\"nofollow noopener\" target=\"_blank\">Don Sweeney<\/a><\/p>\n<p>                    The Sacramento Bee<\/p>\n<p>            Don Sweeney has been a newspaper reporter and editor in California for more than 35 years. He is a service reporter based at The Sacramento Bee.\n            <\/p>\n","protected":false},"excerpt":{"rendered":"Two Sacramento-area credit unions plan to merge in a deal that would create a new financial institution with&hellip;\n","protected":false},"author":2,"featured_media":458050,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[121,123,122],"class_list":["post-458049","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sacramento","tag-sacramento","tag-sacramento-headlines","tag-sacramento-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/458049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=458049"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/458049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/458050"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=458049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=458049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=458049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}