The Northern California credit union's senior vice president credits the listing to his team's commitment to focusing on helping businesses grow.
FOLSOM, Calif., Feb. 13, 2025 /PRNewswire-PRWeb/ -- Based on an 18 percent increase in a year-over-year quarter portfolio review, the Sacramento Business Journal listed SAFE Credit Union as the area's second fastest-growing Sacramento area credit union 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.
"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."
The list appears in recent January online and print editions of the Journal.
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.
About SAFE
SAFE Credit Union is a not-for-profit, state-chartered credit union in Northern California with over $4.3 billion in assets and more than 236,000 members. Insured by NCUA.
Media Contact
Robyn Eifertsen, SAFE Credit Union, 916-809-7002, [email protected], safecu.org
SOURCE SAFE Credit Union
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