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California CUs seek state regulatory approval for merger

The California Department of Business Oversight received the application for Lomita, Calif.-based Harbor Area Postal Employees FCU's merger with and into San Bernardino, Calif.-based Arrowhead Central CU.

The application was filed Sept. 14.

As of June 30, Harbor Area Postal Employees FCU had assets of $20.1 million and Arrowhead Central CU had assets of $1.15 billion.