US EditionPublished • loading... • Updated
SAFE Credit Union and BECU to Merge, Creating Nation's Fourth-Largest Credit Union
The merger will create a credit union with $33 billion in assets serving 1.8 million members across Washington and California, aiming to enhance member benefits and community impact.
- On Nov. 18, 2025, BECU and SAFE Credit Union signed a definitive agreement in Seattle and Folsom, Calif., aiming to build a stronger cooperative for member benefits and community impact.
- The combined organization will serve 1.8 million members, operate more than 80 locations, and hold over $33 billion in assets, with BECU providing scale as the largest not-for-profit credit union in Washington.
- Leadership plans place Anderson at the helm with Nabhani reporting as Market President for the Greater Sacramento region, ensuring SAFE has board representation.
- The combination is expected to close by early 2027, and until then both credit unions will operate independently with no impact to members' services.
Insights by Ground AI
30 Articles
30 Articles
BECU to merge with SAFE Credit Union, creating nation’s fourth-largest credit union
BECU is making a big move outside Washington, merging with SAFE Credit Union in California. The joint statement stated that the combined group will serve 1.8 million members. It will operate more than 80 locations under BECU’s charter. Together, they’ll have more than $33 billion in assets, making it the fourth-largest credit union in the country. BECU has approximately $28.9 billion in assets, while SAFE has $4.6 billion. The merger won’t be of…
·Tacoma, United States
Read Full ArticleCoverage Details
Total News Sources30
Leaning Left1Leaning Right1Center21Last UpdatedBias Distribution91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
Factuality
To view factuality data please Upgrade to Premium
