Welcome to California Coast Credit Union

Important Merger Update

January 17, 2026

Dear Members,

Over the past year, California Coast Credit Union engaged in merger planning with San Diego County Credit Union with the interests of our members at the forefront. When fundamental differences emerged regarding the direction and terms of that process, Cal Coast took steps to protect the interests of our members and the integrity of our institution. Those matters are now appropriately before the court.

While we strongly disagree with SDCCU’s assertions, we believe matters of this nature are appropriately addressed through the legal process. As the merger litigation proceeds, Cal Coast will remain focused on facts, transparency, and professionalism, not public speculation or rhetoric.

We want to be clear. California Coast Credit Union unequivocally rejects the mischaracterizations made about our institution. We are proud of our long standing record of strong regulatory compliance, sound governance, and responsible risk management. We are routinely examined and operate in alignment with all applicable state and federal laws and regulations. We remain confident in our position and in the integrity of our organization.

Our priority remains unchanged. Serving our members and supporting the communities that place their trust in us. We continue to operate safely, responsibly, and with a deep sense of accountability to our members, regulators, and employees.

Cal Coast remains committed to a merger process grounded in fairness, balance, and the best interests of the membership. We will continue to communicate with clarity and restraint, guided by our cooperative values and our responsibility as a trusted financial institution.

In the meantime, it is important that you hear directly from us. Cal Coast remains a safe, secure, and well regulated financial institution. Your accounts are protected, our operations continue as usual, and members can continue to bank with confidence.

Thank you for being part of the Cal Coast community. We remain focused on doing what we have always done, serving members responsibly and putting your interests first.

If you have questions or would like to speak with a member of our team, Member Services is available at (858) 495-1600.

Sincerely,

Todd Lane

President and CEO