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As SAFE Credit Union's President/CEO Dave Roughton announced his retirement this week, the credit union also announced the appointment of Faye Nabhani to replace Roughton and become the credit union's first female president/CEO in its more than 80-year history.
Roughton, who has been leading the Folsom, Calif.-based credit union for the past six years, will step down on Dec. 31, 2022. As part of the leadership transition, Nabhani will take the role as president beginning Jan. 1, 2022 and will take on the combined president/CEO position the next year.
Faye Nabhani "I am deeply honored to be the next President/CEO of SAFE Credit Union," said Nabhani. "SAFE is a strong credit union and key corporate citizen in the region. I look forward to continuing to find new and innovate ways to better serve SAFE's members. SAFE will always be a partner to our community through philanthropy, corporate engagement, and by providing financial health to our members. Dave has pushed SAFE to new heights and I'm looking forward to guiding it through its next chapter."
According to the credit union, Roughton has led the credit union through some incredible growth during his tenure. "On behalf of SAFE Credit Union, thank you to Dave Roughton for his vision and leadership to build a strong credit union and position it for success into the future," said Chair of the SAFE Credit Union Board of Directors, Terrance Tremelling. "SAFE has been fortunate to have Dave at the helm for the past six years. Under his stewardship, SAFE doubled in size from $2.14 billion to over $4.3 billion, and from 192,000 members to more than 240,000."
Dave Roughton Roughton is credited with creating the diversity, equity and inclusion initiatives at SAFE, as well as expanding technological solutions and deepening the credit union's influence on the community through expanded philanthropic and advocacy measures.
"It has been an immense pleasure serving SAFE Credit Union, our members, and our employees through these amazing years of growth," said Roughton. "My leadership philosophy centered on the principle of putting people first, always. Faye joins me in supporting SAFE's mission of delivering financial health for all. Her executive experience, warm leadership style, and clear vision will successfully take SAFE into its next era."
As Executive Vice President/Chief Credit Officer, a position held by Nabhani since 2016, she oversees the credit union's lending programs, including mortgage, auto, credit and commercial loans. For 22 years she served in a variety of leadership and management position at KeyPoint Credit Union in Santa Clara, Calif. before joining SAFE.
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Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
