Two San Francisco credit unions have applied to state regulators to acquire the ailing 1st Choice Federal Credit Union and Pacifica-Coastside Credit Union.

The $8 million-asset 1st Choice, of Castro Valley, would be merged into the $660 million-asset SF Police Credit Union.

Pacifica-Coastside, of Pacifica, with assets of $1.6 million, would be merged into the $692 million-asset San Francisco Fire Credit Union.

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