Vocality Set to Merge with Community First Credit Union

Local credit union Vocality Community Credit Union (VCCU) has announced plans to merge with Community First Credit Union (CFCU), with the proposed merger contingent upon regulatory approvals from the National Credit Union Administration (NCUA), the California Department of Financial Protection and Innovation (DFPI), and a vote by VCCU members. If approved, the merged entity will operate under the Community First Credit Union name and charter, creating a cooperative with an estimated $965 million in assets and a membership of over 70,000 served across 12 branch locations.

Pending final approval, CFCU and VCCU will continue to operate separately until the integration process is complete, which is expected in 2025. Leadership roles have been defined for the merged organization: Scott Johnson, current President and CEO of Community First, will serve as President and CEO of the combined credit union, while Pat Neighbors, President and CEO of Vocality, will assume the role of Chief Strategy Officer.

Commenting on the merger, Scott Johnson, President and CEO of Community First Credit Union, stated, “Our shared vision is to provide an exceptional digital banking experience, greater convenience and the innovative products and services our members expect.” Pat Neighbors, CEO of Vocality Community Credit Union, also noted the collaboration, saying, “Together, we’re combining decades of expertise and a mutual commitment to delivering the highest standards of service, access, and financial support.”

Additional information on the proposed merger is available at comfirstcu.com and vocalityccu.org.