Wednesday, August 19, 2026

The SAFE/Boeing Merger-Muckup: Respecting The Right Of The Members To Choose?

  CEO Faye Nahbani

✅ "Next Steps...: "Your vote is the next milestone and is expected in Q3/Q4 this year. You will receive your ballot and have plenty of time to review and cast your vote."

California CU statutes require the following: "A Plan of Merger must be approved by a majority of all the members of a disappearing credit union, by vote or written consent."

Commenter question: "Ms. Nahbani, after reviewing the material, if a majority of us do not vote in favor of this merger, will you respect our decision or ask the state regulator to overrule our vote?"

😎 If the SAFE membership is pleased with the performance of SAFE CU as a very successful, local, hometown, home-owned institution, why would Ms. Nahbani seek to thwart that member choice?

 Is the SAFE member vote really a milestone... or simply a ruse?

Monday, August 17, 2026

There Is No 13th Floor In This Economy!

 ... Going up?

Ever noticed the omission of a "13th floor button" in the elevators of high-rise buildings and hotels? 

Most folks are still a little superstitious, whether we admit it or not.  For many, the absence of that button brings a lot of comfort and peace of mind.  Reassurance that there really isn't any "13th floor" to worry about. 

Same goes for the future of credit unions, our economy, the stock market, and the Strait of Hormuz. Not to mention the U.S. National Debt ... 

😎 If you take great comfort that  a "13th floor" does not exist, you definitely have a great future in modern day Washington politics!

          

       As a taxpayer, your share is almost $300,000+!  [link]

  Just thought you might need a break to relax a little, from worrying about all that credit union "stuff".