If you’re a member of Beverly Hills City Employees Federal Credit Union, here’s news that affects you: your credit union officially merged with Nuvision Federal Credit Union on June 1, 2026.
But before you panic—take a breath. Your money’s safe, your accounts are intact, and you won’t miss a beat when it comes to accessing your funds.
The National Credit Union Administration (NCUA) announced the merger after putting the Beverly Hills credit union into conservatorship back in January 2026. Think of conservatorship like the financial equivalent of calling in a specialist when things aren’t looking great—NCUA stepped in to address some safety and soundness issues that were threatening the credit union’s stability.
Your Money Is Still Protected
Here’s what really matters: every dollar you have deposited is still federally insured up to $250,000 through the National Credit Union Share Insurance Fund. That’s the same coverage you had before, backed by the full faith and credit of the U.S. government.
The insurance breakdown works like this: individual accounts are covered up to $250,000, your share of joint accounts is insured up to $250,000, and retirement accounts like IRAs and KEOGHs get their own separate $250,000 coverage. So if you have money spread across different account types, you’re likely covered for more than the basic limit.
What This Means for Your Day-to-Day Banking
The good news? You shouldn’t notice any service interruptions. Your accounts transferred over seamlessly, and you can keep using your credit union services just like you always have. Nuvision is significantly larger than your former credit union, so you might actually gain access to more services and branches down the line.
To put the size difference in perspective: Beverly Hills City Employees FCU served about 1,750 members with $14.9 million in assets. Nuvision, on the other hand, handles nearly 205,000 members and manages a hefty $3.9 billion in assets. That’s quite the upgrade in terms of resources and stability.
Questions? Here’s Where to Go
If you need specific information about your accounts or how the transition affects you personally, reach out to Nuvision Federal Credit Union at 310.275.3802. They’ll have access to your account details and can walk you through any changes.
For general questions about deposit insurance coverage and how it protects your money, check out the Share Insurance Coverage section on NCUA’s MyCreditUnion.gov website. It’s actually pretty straightforward and worth understanding, especially if you have multiple accounts.
A Little History
The Beverly Hills City Employees Federal Credit Union has been around since 1954, serving city employees for over seven decades. After several months of analysis and working with stakeholders, NCUA determined that merging with Nuvision was the best path forward to protect members’ interests and ensure continued access to quality financial services.
While seeing your longtime credit union merge into another institution might feel strange, this move was designed to keep your finances secure and your access to banking services uninterrupted. Sometimes joining forces with a bigger, more stable institution is the smartest play—and in this case, it means you get to keep banking without worry.
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