Announced
Synopsis
BECU, a member-owned, not-for-profit financial institution, agreed to merge with SAFE Credit Union, a not-for-profit financial cooperative. Financial terms are not disclosed. "This partnership is a powerful alignment of purpose and potential that leverages our strengths and recognizes our shared values. As the needs of our members and communities continue to evolve, combining credit unions builds on our strong foundation, ensures we deliver additional value and maintains the best of what has made SAFE a successful and trusted financial partner for over 80 years," Faye Nabhani, SAFE Credit Union President and Chief Executive Officer.
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