Sunday, February 22, 2026

Credit Union Mergers: Why Spend $400+ Million On Something That Members Can Get Free?

https://img1.etsystatic.com/000/0/6482539/il_fullxfull.309409553.jpg 

$400+ million and not even a toaster!!!

🧌🧌🧌 Comment: Anonymous February 21, 2026 at 10:58 AM

"6:32.  not sure where you live, but it’s not in reality. You think SAFE members should get paid their capital in full, and then they automatically get a claim on BECU capital, given up by BECU members? Makes no sense."

✅ For SAFE members who truly need the services offered by BECU,  you can join BECU today for free simply by opening a $25 share account. The same free offer open to everybody else in the U.S.A. - you're not special! Here's the link to join [link] "BECU Membership is free and starts when you open an account." 

Actually, it is increasingly unclear why the SAFE CU Board should give away their credit union to an out-of-state entity. SAFE CU is thriving, with strong capital reserves of $400+ million which are owned by the 245,000 SAFE members around Sacramento. Even if the SAFE members want to sellout, they can readily find a much better deal than the BECU giveaway.

So if you need BECU, join for free today and "automatically get a claim on BECU capital" for free, and, "Yes!" Keep that $400 million in cash. It's yours... you earned it!


 Does the SAFE Board understand what they are giving away? Over $400+ million of members' money... quite a charitable contribution to Washington!