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