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Why consider this change now?

The timing of our proposed conversion is a strategic step to protect CU SoCal’s long-term safety and security while continuing to serve the evolving needs of Members. The regulatory environment is changing, and remaining under a state charter limits our ability to grow and adapt. Acting now ensures we are proactive in securing long-term advantages for our Members with greater flexibility to expand our Membership, enhance our branch and digital services, and stay competitive with other financial institutions–today and in the future.