Growing Stronger Together:
A Partnership Opportunity Designed To Benefit You
An Exciting Partnership Opportunity
We are excited to share important news about our plans to bring you more value, products and services from your credit union and ask for your support. The Board of Directors has unanimously agreed to pursue a cooperative partnership with Nuvision Credit Union, combining our strengths to bring the best of both financial institutions to our collective members and communities.
For more than 70 years, SafeAmerica has been here for the sole benefit of serving you, the member-owners. We are taking this next step with one very clear and simple goal: To better serve you and your financial needs.
About Nuvision
Founded in 1935, Nuvision is a California credit union with multiple branches, industry-leading technology, and a complete suite of financial products and services. Throughout its nearly 90 year history, Nuvision has shared our commitment to putting the needs of our members first, with the same cooperative heritage and commitment to community investment. This merger is a unique opportunity to partner with one of the strongest credit unions in California, ensuring safety and security for your accounts with the same personalized service. Learn more about Nuvision's history here »
Significant Member Benefits
Together, we will remain focused on continuing our legacy of service and personal member relationships while bringing you much more from your credit union.
- Two new Bay Area branches plus 29 additional locations in 2025 & even more fee-free ATMs
- Higher dividend rates
- Leading banking technologies, including Zelle
- Dedicated in-house mortgage loan expertise
- Accounts will be federally insured through the National Credit Union Share Insurance Fund backed by the full faith and credit of the U.S. Government.
- More account options, including a high yield money market account
- Expanded Call Center hours
- Added Visa cards, with a Cash Back Visa
- Full-Service Business Banking
Stronger Together
Sharing exciting news about a partnership opportunity
Learn More About our Partnership and What it Means to You!
Visit nuvisionfederal.com/sacu for a complete list of branches, ATMs, new products, and services available to you from your credit union through this merger. Stay tuned for more information about this exciting partnership opportunity coming soon.
What’s Next?
Members will soon be asked to vote on the merger and we hope you will support this opportunity with your YES! vote. It will be business as usual for the time being without any changes while we go through the approval process. We will keep you updated about our progress and what it means to you in the coming months.
Frequently Asked Questions
Please don’t hesitate to contact us at (800) 972-0999 or onlinerequests@safeamerica.com with any questions about this exciting partnership opportunity. As always, we appreciate your membership and continued support.
Very simply, we want to bring members more from their credit union --- more branches, more products and services, more technologies, and more convenience. We know it would take us decades to grow to the point where we could offer members all the benefits this partnership will immediately bring. Together, we can offer you much more from your credit union – with the same personalized service, commitment to investing in our community, and cooperative heritage.
Founded in 1935, Nuvision (nuvisionfederal.com) is a federally insured, full service California credit union with assets over $3.4 billion and an excellent capital ratio of approximately 10.9%. With a nearly 90 year cooperative heritage, Nuvision is also one of the strongest credit unions in the country, serving over 170,000 members with 15 branches in California and additional branches in Arizona, Washington, Wyoming and Alaska.
This exciting partnership is solely to benefit you. After the merger is complete, members will have seven branches in the Bay Area plus a large network of 36 branches in 2025 and even more ATMs in five states. Plus, you will have new products and services members have been asking for, including more account options, better technology services, new lending options, and business banking, to list just a few benefits.
Absolutely! Both credit unions are independently successful, financially healthy and well capitalized. In fact, both Nuvision and SafeAmerica have a net worth ratio that far exceeds regulatory requirements. And, our combined deposit and capital base and economies of scale will provide members with even more safety and security from their credit union.
Our branches will remain open, dedicated to serving the needs of our members and local communities, just as we do today.
The merger will not impact our current branch hours.
You can expect to continue to receive the same personalized service. In fact, we’ll have the resources to offer you many more expanded service options. The sole reason our two non-profit cooperative credit unions are proposing this partnership is to better serve all member-owners.
You will have the products/services you have today PLUS more options to choose from after the merger. After the merger is approved, we will send you detailed information about the new products and services available to you.
One of the advantages of the merger is that member accounts in our combined organization will be federally insured through the National Credit Union Share Insurance Fund (NCUSIF), a U.S. Government Agency, to at least $250,000 for regular deposits and to at least $250,000 for IRAs. Depending upon the type and ownership of accounts, members could have more than $1 million in share insurance coverage with our combined credit union. The NCUSIF, which is backed by the full faith and credit of the U.S. Government, insures the member accounts of all federal credit unions as well as most of the credit unions in the country. No member has ever lost money insured by NCUSIF.
The name of our combined organization will be Nuvision Credit Union.
Roger Ballard will remain CEO of our combined credit union.
Not yet. We’ll let you know as soon as those branches are available for you to use after all approvals have been received.
We are committed to making the integration between our credit unions as smooth as possible, ensuring you can continue using all the essential services you rely on, including online and mobile banking, credit and debit cards, and other important services. You'll also have more products and services to choose from after all approvals are received and we integrate our credit unions!
Absolutely. Partnering together will provide additional resources to expand our community support programs.
We will soon ask members to vote on the merger. We hope you will give your approval for this exciting partnership opportunity. Assuming member approval is received, we anticipate the merger will be finalized in early 2025.