FOLSOM, Calif. – March 14, 2023 – SAFE Credit Union Chief Lending Officer Tiffani Vargas outlined the role credit unions, especially Sacramento lenders, can play in improving the lives of area small business owners and individuals in a recent industry panel discussion.
During the California and Nevada Credit Union League program, “Credit Unions Discuss Sacramento Economic Outlook,” Vargas stresses the unique advantages local lenders like SAFE can provide to small business owners, homeowners, and depositors during inflationary times.
SAFE Credit Union Chief Lending Officer Tiffani Vargas
“The pandemic was not nice to small businesses. It’s been a challenging few years and continues to be with labor shortages and wages on the rise,” Vargas says during the online panel discussion. “We’re offering the resources that they need and (our) deep knowledge of our local market, to really have meaningful conversations with them.”
Vargas, joined by Golden One Credit Union Chief Financial Officer Allyson Hill, discussed the importance of offering depositors competitive and attractive deposit rates, and assisting buyers in a real estate market with more inventory but higher interest rates.
“The great thing about credit unions is that we can meet with our members and really understand what their situation is and help to guide them making great financial decisions for themselves,” Vargas says.
Unlike many other credit unions, SAFE offers business and commercial loans and many other business banking services.
Listen to the full panel discussion here. Read SAFE Chief Lending Officer Tiffani Vargas bio here.
To interview Vargas, contact SAFE’s Communications Office at [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 247,000 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