Thursday, April 23, 2026

The SAFE/BECU Mega-Me Merger: "We/We" Knows Best?




  .... Oh, really? 
"The combination between BECU and SAFE Credit Union is proceeding smoothly and according to plan."
 
 [link] .💣💣💣 During the SAFE Annual Meeting on April 21st, the SAFE Board attempted to defuse a rising member uproar over a secretive - seemingly insensible - merger, which has become a ticking time-bomb of reputation risk and a PR debacle.  ✔ Here's how well that SAFE Board bunkum went down! [take a look -link]Although the merger with Boeing Employees Credit Union has been over a year in the planning, SAFE members have never been engaged, consulted, nor involved in the process. The SAFE Board and CEO chose to surprise announce the merger as an "fait compli" in November, 2025; yet, continue to refuse to inform SAFE members of the details of their "definitive agreement"With that "Sorry, it's a done deal" hubris,  SAFE senior leaders appear to have adopted the infamous, CU imperial "we/we" governance doctrine.  For SAFE member-vassals that means, from now on: "We will let you know what you need to know, when you need to know it."  The proposed merger, if it proceeds, will extinguish the charter, local focus, and independent existence of SAFE CU forever. A successful, 70 years of local control and operations discarded by a cavalier Board, backed by timorous senior leadership .Blunt indifference to the opinions of SAFE members and to the best interests of the Sacramento community at large, now seem to define the new/new vision of the Credit Union: ✅ "At SAFE Credit Union, you are a member, but please don't act like one!"    "After the confrontation, the source said security was called..."  Is that what you meant by:  "... proceeding smoothly and according to plan." ?
  

The SAFE/BECU Mega-Me Merger: Pssst...!

   😎 Have You Heard What Happened At The SAFE                  Annual Membership Meeting This Week?

                         🐈 Here take a look [link] !

                           🙀 "Me-Me-Me" Meow! 

 More like "Me-Me-Me" Me-ouch!