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SAFE and BECU

Coming Together.
Members First.

SAFE Credit Union has signed a definitive agreement to combine with BECU, creating a stronger financial cooperative that will accelerate investment in member benefits and community impact. Upon closing, the combined credit union will serve approximately 1.8 million members, manage nearly $34 billion in assets. This combination will ensure that the familiar faces, local knowledge, and personal service SAFE members value today continue, strengthened by the shared values, expanded resources and enhanced capabilities of the combined organization.

Questions or comments? Contact us!

How SAFE Members Will Benefit

Increased Member Value and Benefits.

Expected 30% increase in member value through reduced fees and enhanced products and services.

Coming Together. Members First.

This combination represents an investment in Sacramento and the members we serve. By bringing together SAFE's local roots and BECU's scale and resources, we can deliver greater value while continuing our longstanding commitment to the region.

Deeper Community Commitment.

A combined commitment to triple the support of local communities with a commitment to invest $1.5M in year one.

Latest News


Planned combination to advance to SAFE member vote

Aug 4, 2026 Press Release

This approval marks an important milestone in the combination process and brings the organizations a step closer to expanding the value, services and support available to their members.

Read More

SAFE & BECU Combination: Digital First. Human Always.

Jul 27, 2026 YouTube

How is the upcoming combination of SAFE and BECU going to change the future of banking in Northern California and Washington?

Watch Now!

Future of SAFE is still local

Jul 16, 2026 Press Release

As chief financial officer of SAFE Credit Union and a mom raising my family in Folsom, I care deeply about the future of this community.

Read More

Members Always Come First

This combination is built on our shared values that keep members front and center. The combined credit union’s greater resources mean that SAFE members will be able to take advantage of enhanced products and services. With the combination we will see:

  • Fewer fees, more savings — including the expected elimination of monthly account service fees (currently ranging from $5–$15 per month) and certain NSF fees. In the first year these reductions are expected to result in $6.9M in savings benefiting nearly 74,000 members
  • More support for first-time homebuyers — including grants of up to $8,000 for eligible members, funded by an initial $500,000 commitment from BECU and SAFE upon completion of the combination
  • More opportunities to save on loans — including annual loan repricing for eligible members as credit profiles improve, with no application or refinance required
  • Access to BECU's Member Advantage Program — a free relationship-based program that rewards members with premium interest rates and higher yields on select accounts
  • More access to lending — helping members, small businesses, and local communities thrive
  • More branches coming to the region — including the new Alder Creek location opening in early 2027.

Overall, this combination is expected to increase direct annual financial benefits to SAFE members by more than 30% from $47 million to $63 million annually.

No Immediate Changes

Nothing is changing right now or in the immediate future. SAFE branches are still open and accessible and future branches are planned. SAFE and BECU will continue to operate under their existing brands for the foreseeable future. Members’ accounts, and services will continue uninterrupted and local branches are open and accessible.

  • Account number(s) will not change.
  • Existing loan terms will stay the same.
  • Debit and credit card numbers and terms will remain the same.
  • Branch hours will remain the same and existing locations will remain open and accessible.

Deeper Community Impact

BECU shares our purpose-driven mission committed to our members financial well-being and consistently delivers exceptional value to members with low fees, valued programs, and products. This combination is built on our shared values that keep members front and center. The combined credit union will remain committed to our local partnerships including with the Sacramento Convention Center & Performing Arts District, the A’s, and others. BECU shares our purpose-driven mission and has a strong track record of community giving, local engagement, and member-focused values. SAFE’s current sponsorships will be honored, and local investments will grow.

Next Steps

The next milestone is securing required regulatory approvals. Once that step is complete, SAFE members will be able to vote on the proposed combination later this fall.

Contact Form

We're committed to keeping you informed about our combination with BECU and have provided some FAQs below that might address your question. Not seeing what you're looking for? No problem. We're here to listen. Please share your thoughts by completing the form below — we're here to help and value your feedback.

Frequently asked questions.