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Banking

May 5, 2026

Judge rejects bid to force credit union merger

Judge Carolyn M. Caietti on Thursday denied Cal Coast's bid for a preliminary injunction that would have forced the San Diego County Credit Union back to the negotiating table.

A Superior Court judge has refused to force a multibillion-dollar credit union merger between California Coast Credit Union and San Diego County Credit Union, finding the plaintiff failed to show a likelihood of success and that federal regulators had not approved the deal.

Judge Carolyn M. Caietti on Thursday denied Cal Coast's bid for a preliminary injunction that would have forced SDCCU back to the negotiating table. Her minute order leaves SDCCU's Nov. 14, 2025, termin...

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