Friday, March 13, 2026

SAFE Credit Union Still On Board With BECU: Merger Or Rearrangement?

https://www.leftfutures.org/wp-content/uploads/2014/03/deck-chairs-on-Titanic-copy.jpg  

   SAFE members to receive "vested" rights in BECU! 

                                                    

   CEOs still assure smooth sailing... bigger is always better! 

4 comments:

  1. Iceberg, dead ahead! … And no BECU life rafts will be there for SAFE members and employees. “SAFE” is an ironic name at this point, and it does not mean unsinkable!

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  2. lovely view ... for now ...

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  3. https://thecudaily.com/ceo-of-4-3b-safe-cu-says-proposed-merger-with-29b-becu-is-not-an-efficiency-play/

    A lot of comments on this, and not a very good look for Boeing. You should start a SAFE, just asking blog. How are they going to see this stuff?

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    1. Interesting comments on this link. Boeing pays their board 125k a year each. SAFE got board seats as part of the deal. Not hard to see how the SAFE board made sense out of this merger as they represented the best interest of their members when they voted on this, now is it?

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