Folsom, Calif. – (Jan. 28, 2025) – Based on an 18 percent increase in a year-over-year quarter portfolio review, the Sacramento Business Journal lists SAFE as one of the area’s fastest-growing credit unions in commercial lending.
The Journal determined its findings by reviewing increases in the commercial lending portfolios of Sacramento region credit unions, provided by the National Credit Union Administration, between the third quarters of 2023 and 2024.
During that time, SAFE’s year-over-year commercial lending portfolio increased from nearly $299 million to just over $353 million, a $54 million increase, garnering the credit union second place on the publication’s list.
SAFE Credit Union headquarters in Folsom, Calif.
“It’s great to see our team, that works so hard to support our business community, be recognized,” says SAFE Credit Union Senior Vice President of Commercial Lending Ken Getz. “Much of our success can be credited to us knowing that commercial lending is more than just about helping businesses acquire commercial space. It’s about helping businesses connect with the funds they need to grow.”
SAFE Credit Union Senior Vice President of Commercial Lending Ken Getz
SAFE Credit Union, a not-for-profit financial institution, provides business services including commercial loan products with reduced fees. SAFE was one of the first credit unions based in the Sacramento area to begin offering commercial loan products more than a decade ago. The Sacramento District of the Small Business Administration (SBA) has honored SAFE as one of the top SBA lenders in the region several times.
The 85-year-old credit union holds $4.3 billion in assets, serving more than 236,000 members in 13 counties throughout the Sacramento region and Northern California.
For more information email [email protected].
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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 $4.3 billion in assets and about 236,000 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. Equal Housing Opportunity Lender. Insured by NCUA. www.safecu.org