SAFE Credit Union Extends Its 38-Year Relationship with Fiserv to Expand Member Services and Accelerate Growth

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that SAFE Credit Union, headquartered in Folsom, California and serving the greater Sacramento region, has chosen to extend its 38-year relationship with Fiserv to increase its overall agility in today’s digital banking environment.

With nearly $3 billion in assets, SAFE Credit Union is among the nearly 150 credit unions with at least $1 billion in assets using a core account processing platform from Fiserv. The credit union has grown exponentially since its beginnings in 1940 as a ten-member cooperative serving Army Air Corps service members. The institution’s goal is to reach $5 billion in assets by 2023.

SAFE Credit Union decided to migrate to DNA^® from Fiserv to take advantage of the platform’s open architecture, APIs, and holistic view of member relationships. These capabilities will allow SAFE to operate effectively and strategically as it continues to scale. The move to DNA will also help the credit union advance its business services capabilities, an important part of its long-term growth strategy. SAFE is one of the few credit unions offering business banking services in California.

“We’ve trusted Fiserv with our technology for many years, and thought of them first when we needed a comprehensive solution to meet our members’ needs and expectations as we move into a more nimble, digital future,” said Dave Roughton, president and CEO, SAFE Credit Union. “DNA and the surrounding Fiserv ecosystem provide the capabilities to let us enhance the technology that helps us give members exceptional experiences.”

DNA is a modern core account processing platform with an open architecture built for collaboration, making it easier for financial institutions to integrate other solutions, bring products and services online quickly, and add new capabilities using downloadable DNAapps™. DNA provides a holistic view of member relationships that will enable SAFE Credit Union to deliver personalized service and more relevant product offerings. The platform also supports business account growth with powerful built-in commercial servicing capabilities.

“Long-term client relationships embody our commitment to serving credit unions through every stage of growth as their partner,” said Vincent Brennan, president, Credit Union Solutions, Fiserv. “Every credit union has a unique strategy that must be enabled by a unique mix of technology solutions. SAFE Credit Union is growing with a focus on multiple channels and business services, and DNA is an ideal core platform to serve both individual and commercial members.”

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at fiserv.com.