The one-day conference drew on the growing synergy between credit unions and FinTechs in the Greater Sacramento Region.
FOLSOM, Calif., April 26, 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 in the Sacramento region, calling on 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 offered unparalleled 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 forge partnerships and spark innovation," says Nabhani, who spoke at the event. "We are committed to getting the conversation moving on how to take credit unions and FinTechs to the next level in both California and Nevada."
Conference speakers also included Barry Broome, president and CEO of the Greater Sacramento Economic Council; Christina Tetreault, deputy commissioner in the Office of Financial Technology Innovation at the California Department of Financial Protection and Innovation (DFPI); and Larry Palochik, executive vice president of the California & Nevada Credit Union League (CCUL).
Chris Boncimino, co-founder of San Francisco-based Flow Networks, accepted the inaugural Tower Bridge Award for top solution provider as voted by event attendees. Flow's innovative turnkey platform, built for financial institutions, drives incremental revenue from existing customers.
"We wanted to show other credit unions two avenues they could take in working with FinTechs to better serve their members," says SAFE Credit Union Chief Technology Officer Mike McCarthy. "Specifically, they can either invest with a FinTech to research and develop products and services tailored for their business and members or they can purchase existing products and services available from FinTechs."
"Either way, the credit union industry wins 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 over $4.5 billion in assets and more than 245,000 members. Insured by NCUA. http://www.safecu.org.
Media Contact
Carole Ferguson, SAFE Credit Union, 916-836-6318, [email protected]
SOURCE SAFE Credit Union
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