Tuesday, April 28, 2026

The SAFE/BECU Mega-Me Merger: Fox In The Hen House?

  This could get interesting!

😎 Looks like the SAFE members may have a better choice...  much better! 

An interesting email:
 
"From my experience, SAFE Credit Union is offering exceptional value to both the membership and the Sacramento community. Please forward this proposal to the SAFE Board as an alternative for inclusion on any future merger ballot."
 
"Recommendation for SAFE membership vote:

"1) Agree to maintain the current California state-charter for at least ten years, with headquarters remaining in the Sacramento area.
 2) Agree to retain current service facilities, employee staffing levels, and the Sacramento-based leadership structure for at least 5 years.
 3) Fund a new share account at BECU for up to 10,000 existing SAFE members, who require BECU services.
 4) Immediately fund $500,000 dedicated to First-Time Home-buyer Grants, bringing this hallmark program to the Sacramento region. 
 5) Immediately fund an additional $1 million investment toward philanthropic initiatives  
 6) Provide immediate funding for 3 million meals through local Sacramento area food banks.
 7) Pay out a "Lets Stay Home" reward of $150 to each of the @ 245,000 SAFE members of record as of 12/31/2025. "

Sounds like a good solution:  Just give the SAFE membership a choice! 
 
 "A fox is a wolf who sends flowers."

1 comment:

  1. Good thoughts, but why compromise? Why not just vote no altogether, and then vote in a board that wants to govern the place, that will hire a CEO that won't sell out and will stay to run the place.

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