Safe Harbor Financial Modifies Commercial Alliance Agreement with Partner Colorado Credit Union
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Safe Harbor Financial has modified its commercial alliance agreement with Colorado Credit Union, eliminating loan indemnification between the companies. This change is expected to strengthen Safe Harbor's balance sheet.
January 07, 2025 | 9:45 pm
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Safe Harbor Financial has eliminated loan indemnification in its agreement with Colorado Credit Union, which is expected to strengthen its balance sheet.
The elimination of loan indemnification reduces potential liabilities for Safe Harbor Financial, which is likely to improve its financial stability and strengthen its balance sheet. This positive financial restructuring is expected to have a favorable impact on SHFS's stock price.
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