Member Deposits Remain Protected up to $250,000; Member Services Uninterrupted
Alexandria, VA (June 2, 2026)―Beverly Hills City Employees Federal Credit Union of Beverly Hills, California, merged into Nuvision Federal Credit Union of Huntington Beach, California, effective June 1, 2026, the National Credit Union Administration announced today.
Members transferring to Nuvision Federal Credit Union will experience no interruption in services. All accounts remain insured by the National Credit Union Share Insurance Fund (Share Insurance Fund). Administered by NCUA, the Share Insurance Fund insures individual accounts up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. IRA and KEOGH retirement accounts are separately insured up to $250,000. The Share Insurance Fund is backed by the full faith and credit of the United States.
Members with questions about their accounts may contact Nuvision Federal Credit Union at 310.275.3802. Members with questions about Share Insurance Fund coverage can find additional information in the Share Insurance Coverage section of NCUA’s MyCreditUnion.gov consumer website.
On January 22, 2026, NCUA placed Beverly Hills City Employees Federal Credit Union into conservatorship and appointed itself as the conservator. The agency worked to address issues affecting the credit union’s safety and soundness. After several months of analysis and stakeholder engagement, NCUA determined that merging Beverly Hills City Employees Federal Credit Union into Nuvision Federal Credit Union was in the best interest of its members.
Beverly Hills City Employees Federal Credit Union was a federally insured and chartered institution serving 1,750 members with $14.9 million in assets, according to its most recent Call Report. Chartered in 1954, Beverly Hills City Employees Federal Credit Union served employees of the City of Beverly Hills, California.
Nuvision Federal Credit Union is a federally insured and chartered credit union with 204,942 members and assets of $3.9 billion, according to the credit union’s most recent Call Report.