The Kaiser Lakeside Credit Union, Oakland, CA was shut by its state regulator, the California Department of Financial Institutions (DFI) on Tuesday. Its assets were sold to SafeAmerica Credit Union of Pleasanton, CA. SafeAmerica is state-chartered, $315 million credit union with 26,000 members via four retail and two employer sponsor branch locations. The total number of failed financial institutions thus far to close in 2009 is 95, bringing the total number to 95 in 2009.”]
Source: https://www.cuinfosecurity.com/kaiser-lakeside-cu-closed-sold-to-safeamerica-a-1748