As 2017 comes to an end, I would like to thank each of our Members for helping us make this year one of our best to date. We merged with Harbor Federal Credit Union, adding nearly 9,900 new Members and $117 million in assets. Together, we supplied over $200 million in new loans and welcomed over 15,000 new Members to our SCU family. We also launched an updated version of our mobile banking feature and executed a branch repositioning, allowing us to better serve our entire membership. These accomplishments have positioned Southland for an exciting 2018!
Our team is working hard to integrate Southland’s core banking systems with Harbor’s, in Carson, California. With an anticipated completion date of April 1, our entire membership will have reciprocal access to the branches and resources of both credit unions. In addition, we will be spending the next several months remodeling a recently acquired building property in East Long Beach, which will become the site of our new Long Beach Branch. With these changes, Southland is set to deliver two additional branch locations and five additional ATMs this year alone.
Southland is also making significant strides in delivering the optimal digital banking experience. Our mobile and home banking systems will see additional features and enhancements to meet your needs and exceed your expectations. We are also in the process of launching digital wallet services for Apple Pay, Samsung Pay and Android Pay which will be available after the successful membership-wide rollout of our EMV VISA debit and credit cards.
For more information on all of the new features and enhancements planned for 2018, explore our website at SouthlandCU.org or follow us on Facebook.
Wishing you a joyous and rewarding New Year,
Thomas Lent, CPA
President & CEO