Saturday, May 30, 2026

More SAFE Mega-Me Merger Malarky... #9 And Counting!

"More branches in locations that serve more members."
✅ "When can I start using both credit unions’ locations? "
 
"BECU and SAFE are both members of the Co-Op Network.  Even before the combination is complete, you can continue to utilize the existing shared branch benefits provided by our mutual participation in the Co-Op Network Shared Branching Network.
 
 Shared Branch  Over 5,600 Shared Branches - Feel right at home in all 50 states. Easy access to your money wherever you go.
 
😎 Q: So, how many of BECU branches do SAFE Credit Union members already have access to.... prior to the proposed merger?  [link]
 
😎 A: That's right:  ALL OF THEM! 
 
 Why not buy The Brooklyn Bridge instead? 
                              [It's still for sale! - link]

5 comments:

  1. Excellent point. The shared resources with CUSO's and shared branching exist in large part to prevent the conditions that really drive mergers. You point out yet another reason there is no good reason for this merger. The CEO's are saying the usual words, but there is not one realistic way this merger benefits SAFE members, and it will harm Boeing members.

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  2. Tiffani Vargas is ready if Safe needs a more inspiring CEO to remain in Sacramento.

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  3. 1:04, agreed. Ive heard about her and many people think she is more talented than the current CEO, who came from really small credit unions. Faye is in way over her head running a multi-billion dollar CU, which is probably why she lacks the courage and vision to stay independent.

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  4. Folks, about those last two... beware of trolls.

    Don't know either lady, but together they seem to be running a thriving credit union.

    But, a deep bench would be one more reason not to give up local control and sell out the members and Sacramento.

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  5. There is a way that seems right, but the end thereof are the ways of destruction...

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