SAFE Credit Union

  • Core Vendors Not Out for Blood

    Thanks for the Oct. 15 article, “Firms Circle Credit Unions in Growing Core Space.” I agree that among our peer credit unions, core conversion is the main item on the business plan. SAFE Credit Union will begin our search process this year and convert during the two-year period following our...

  • People

    Anthony Silvi was appointed SVP and chief lending officer for the $592 million Sb1 Federal Credit Union in Philadelphia. Previously, he served as the vice president of financial services at the $656 million Freedom Credit Union in Warminster, Pa. He also worked as SVP of lending at First Penn Bank...

  • Examiners Push CUs to Sell Mortgages

    Credit unions say NCUA examiners are pressuring them to keep long-term fixed assets below 35% of total assets, sacrificing income.

  • Credit Unions Decry Examiners' 35% Fixed Asset Ratio

    Pressured by NCUA examiners and concerned about interest rate risk, credit unions shed mortgages and other fixed rate assets, giving up income.

  • Processing Payments for Legal Pot

    Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.

  • Legal Pot Still Risky Business for Credit Unions

    While financial institutions wait for guidance from the DOJ, credit union leagues in Colorado and Washington caution against opening accounts for state-legal weed businesses.

  • SAFE at School

    SAFE Credit Union spiffs up local high school's student store and on-campus branch.

  • Payments Yields Better Directors: Letter

    I enjoyed reading Sarah Snell Cooke’s support of paying directors. I think paid directors will give credit unions another tool to manage their credit union better.

  • New Report Bemoans Lack of Large Credit Union Mergers

    SNL Financial report says lack of strategic thinking keeps most mergers among small credit unions who have no choice.

  • The Future of PFM and Mobile Strategies

    Consumers are increasingly tapping their smartphones and tablets to manage their money, a trend that may push personal financial management tools into the mainstream and open new opportunities for credit unions to help their members in real time.

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