BECU is making a big move outside Washington, merging with SAFE Credit Union in California.

The joint statement stated that the combined group will serve 1.8 million members. It will operate more than 80 locations under BECU’s charter. Together, they’ll have more than $33 billion in assets, making it the fourth-largest credit union in the country.

BECU has approximately $28.9 billion in assets, while SAFE has $4.6 billion.

The merger won’t be official until early 2027, according to BECU President and CEO Beverly Anderson. Until then, the two credit unions will remain separate.

“As president and CEO, I will proudly lead the combined organization, which will be headquartered in BECU’s offices in Tukwila, Washington,” Anderson said. “As always, our focus remains on your financial well-bei

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