Saturday, March 28, 2026

The Credit Union Mega-Me Merger: What Happened?

            Some sort of "imminent threat"?              

"On April 16, 2025, I attended the SAFE Credit Union Annual General
Membership meeting. There was no mention on the agenda of any ongoing
merger discussions."

"On November 18, 2025, SAFE Credit Union announced a “merger” with Boeing Employees Credit Union (BECU). BECU has no ties to Sacramento and no business relationships with the Sacramento community."

"I was stunned to hear of this agreement, which was described by SAFE CEO Faye Nabhani as “definitive”."

✅ Scott Rose, a member of SAFE Credit Union since 2002.

  "Upon closing, the Credit Union’s charter will be canceled." Crowe LLC (CPAs) - Bombs away!