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August 22, 2022   •   Press Release  

SAFE expert outlines how to earn interest despite high inflation

Folsom, Calif. – (Aug. 19, 2022) – In a piece appearing online in Comstock's Magazine Thursday, SAFE Credit Union's Chief Financial Officer Chris Harris outlines how everyday investors can still earn interest despite high inflation.

In the practical and timely piece, "Want to Guard Against Inflation? This Advice Could Help" Harris provides information on a trending investment strategy as well as tips on managing personal budgets in our current economic climate.

"Like everything in life, these challenging times can also offer opportunities," writes Harris, adding, government-issued Series I Bonds are a viable option. "Unlike the days where it took 30 years for that $50 or $100 savings bond to reach maturity, I Bonds are purchased at their face value (a $25 bond is purchased for $25) and interest is compounded semi-annually for 30 years."

SAFE CFO Chris Harris
SAFE CFO Chris Harris

Read the full commentary in Comstock's.

Harris, an expert on corporate finance, enterprise risk management and financial forecasts. To speak to Harris or another SAFE Credit Union expert email [email protected].

About SAFE

SAFE Credit Union has made members an integral part of its vision since 1940. Over the years the credit union has kept the focus on what really matters, putting members first, a formula that has seen SAFE grow into a leading financial institution in Northern California with $4.5 billion in assets and about 242,000 members. SAFE crafts every cutting-edge product and sterling service with members’ needs foremost in mind. In addition to banking services conveniently available through online, chat, mobile, or phone options, SAFE offers in-person services for members and small businesses at service centers across the Greater Sacramento region. SAFE is a not-for-profit, state-chartered credit union with membership open to businesses and individuals living or working in Sacramento, Placer, Yolo, El Dorado, Sutter, Butte, Nevada, Solano, San Joaquin, Contra Costa, Yuba, Amador, and Alameda counties. Insured by NCUA. www.safecu.org

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