EAST LOS ANGELES – The $1.2-billion NuVision FCU said it will close a branch here at the end of October, further limiting the already limited number of financial outlets in this low-income side of town.
The credit union said the five-and-a-half-year-old branch was not performing at the expected level. The credit union will continue to operate an ATM in the area through next year. At the same time, NuVision is preparing to open a new branch in Costa Mesa, Calif.
Meanwhile, in Milwuakie, Ore., Clackamas FCU is closing a branch on Main Street. It said the decision was driven by the proximity of another branch five miles away. The $237-million Clackamas FCU will continue to operate six total branches.