SAFE Credit Union is hosting the first FinTech event in Sacramento
The one-day conference drew on the growing synergy between credit unions and FinTechs in the Greater Sacramento region.
FOLSOM, California, 26 April 2023 /PRNewswire-PRWeb/ — SAFE Credit Union hosted its first conference dedicated to supporting credit unions and the FinTech industry in April at the SAFE Credit Union Convention Center. The FinTech Credit Union Connection drew on the growing synergy between credit unions and FinTechs i Sacramento region, and is asking industry and banking leaders from the Bay Area and beyond to attend and speak at the event.
SAFE Credit Union President & CEO Faye Nabhani says the conference provided unprecedented opportunities for innovators in the credit union and FinTech industries to collaborate and network.
“SAFE Credit Union is honored to have brought these leaders together to build partnerships and spark innovation,” said Nabhani, who spoke at the event. “We are committed to getting the conversation started on how to take credit unions and FinTechs to the next level in both California and Nevada.”
Conference speakers included Barry Broomepresident and CEO of the Greater Sacramento Economic Council; Christina Tetreault, Deputy Commissioner of the Office of Financial Technology Innovation at the California Department of Financial Protection and Innovation (DFPI); and Larry Palochikexecutive director i California & Nevada Credit Union League (CCUL).
Chris Bonciminoco-founder of San Francisco-based Flow Networks, received the first Tower Bridge Award for Best Solution Provider as voted for by event attendees. Flow’s innovative turnkey platform, built for financial institutions, generates increased revenue from existing customers.
“We wanted to show other credit unions two paths they could take in partnering with FinTechs to better serve their members,” says Chief Technology Officer at SAFE Credit Union Mike McCarthy. “Specifically, they can either invest with a FinTech to research and develop products and services tailored to their business and members, or they can purchase existing products and services available from FinTechs.”
“Either way, the credit union industry stands to gain by being better able to serve its thousands of members in California and Nevada,” McCarthy continues.
About SAFE
SAFE Credit Union is a not-for-profit, state-chartered credit union in Northern California with above 4.5 billion dollars in assets and more than 245,000 members. Insured by NCUA. http://www.safecu.org.
Media contact
Carol FergusonSAFE Credit Union, 916-836-6318, [email protected]
SOURCE SAFE Credit Union
