Even Trolls Keep Questioning The SAFE/BECU "Mega-Me"... Again!

   

                     A $400 million sucker punch?

✅ Following CEO Faye Nahbani's "Makes Cents" video yesterday [link], even the trolls are again calling out the illogic and mis-statements. That's not usually a good sign!

✓  🧌🧌🧌  Anonymous July 8, 2026 at 2:31 PM

✓ 🧌🧌🧌  AnonymousJuly 8, 2026 at 1:36 PM

 

Prior: ✅ In response to the "$400 Million And No Toaster?" post [link], even our troll community seems a bit perplexed about the BECU/SAFE "mega-me-me" merger! 

✓ 🧌🧌🧌  "Anonymous February 23, 2026 at 11:15 AM" 

*This isn't a good deal for SAFE members, but not for he reasons stated. Their capital isn't going away. BECU has basically flat-lined on deposit and asset growth in the last few years, and they're not very profitable, despite being focused on profit. Their high operational expense ("Opex") ratio is 3.43% and rising; SAFE is 3.13% and declining.  This is a scale and net income play for BECU. They'll have to hack expenses a lot get that horrible Opex down. And, their rates aren't great:

SAFE new auto, 5.19%,  BECU 5.49%
SAFE used auto, 5.29%, BECU, 5.79%
SAFE HELOC, 6.75%,   BECU HELOC, 6.99%
SAFE Personal loan, 9.04%, BECU 9.99% etc, etc..

SAFE 24 mo CD: 3%; BECU 2.23%
SAFE 12 and 18 CD: 2.55%; BECU 2.37% ...it goes on and on.*

😎 So, according to our troll-confirmed, NCUA financial data: BECU has higher operating costs, worse interest rates, and a slower growth rate than SAFE credit union!?!   

😎 But the CEOs are cooing otherwise... 

                    

                           [link-watch the CEO video]

  "The next step on our journey"... snugged, snowed, and snookered?

 

The SAFE Mega-Me: What's The Problem?

      One thing is clear... the problem is not SAFE Credit Union. 

✔ Take a look at this newly released SAFE "Perfect Cents" podcast [link] in which SAFE CEO Faye Nahbani explains why a merger with Boeing Credit Union is necessary.  Then take the following quizzes: 

✅ Part 1 - Q:  Please list the 7 crucial reasons why Ms. Nahbani believes that SAFE Credit Union must sell-out now to the folks in Washington.

A1] By selling out, "We can assure that our success over the last 85 years ("a leader in the credit union space") will continue." [0:00]

A2] "Because we have created a low fee, high rate, high value environment for members to do their financial business with us". [2:15]

A3] Boeing will provide a value "we on our own cannot deliver." [3:15]

A4] [As to the the superiority of Boeing] - "This is provable, it's demonstrable. You an see it in the data, you can see it in their statistics. It's factual which I love, I love data... it's undeniable." [5:45]

A5] "We're at our strongest. I think SAFE's in a great position. We're in the best position we've been in in I don't know how many years." [7:25] 

A6] 'Significant fee reductions right off the bat.. the opportunity for better rates even on loans." [10:42] 

A7] **[Sorry as a reader, I just can't waste any more time on this! Over 35 minutes - often hesitant, frequently disjointed, unconvincing. [00:00-35:00]]**

✅ Part 2 - Q: What 7 things did Ms. Nahbani say about her interests and goals? 

A1] Favorite snack? "Nerds candy with the gummy in the center". [30:37]

A2] Favorite summer vacation? "Maybe Palm Springs." [31:15]

A3] Favorite car? "DeLorean" [31:52]

A4] Favorite restaurant? "Eat-A-Pita" [33:16] 

A5] How long at SAFE? "10 years" [34:38]

A6] Enough years to retire? "33 years working in credit unions". [4:20]

A7] What's next in terms of personal goals, aspirations dreams? "To finish off my Evolving Skies Pokemon series deck." [34:00] 

✅ One thing is clear... the problem is not the Credit Union.  

  All this makes "Perfect Cents", doesn't it?