Wednesday, July 8, 2026

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

      One thing is clear... the problem is not the 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 nervous, frequently disjointed, unconvincing. [now]

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?