Safe 1 Credit Union


1400 Mill Rock Way
Bakersfield, CA 93311
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 2.53% →
1-Year CD 0.40% 2.79% →
2-Year CD 0.55% 3.20% →
5-Year CD N.A. 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Safe 1 is an NCUA insured institution located in Bakersfield, CA. It was founded in 1952 and has approximately $913.59 millions in assets.

Who can join?

Membership in Safe 1 Credit Union is available to anyone who meets one or more of the following:

• Lives or works in Kern County, California
• Lives or works in Tulare County, California
• Immediate family member of an existing member
• Immediate family member includes:
o The member's spouse, parent, sibling, child or grandchild
o The parent or sibling of the member's spouse
o The spouse of a member's child
o The spouse of a member's sibling

NCUA Insured Yes / State-Chartered
Charter Number # # 61598
Date Established 1952
Assets $913.59 million
Loans $620.96 million
Deposits $786.66 million
Capital $119.17 million

Field of Membership Restrictions

Membership is open to those who live or work in Kings, Kern, Fresno, or Tulare Counties in California.

Deposit Rates - August 7, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 7, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for SAFE 1

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Learn More
Choicelend Mortgage
NMLS ID: 292770
License#: 01739645
4.584% 4.500% 1.00 $2,472 $1,267 Learn More
Paradise Home Mortgage
NMLS ID: 1714743
4.684% 4.625% 0.63 $1,710 $1,286 Learn More
NMLS ID: 2890
License#: 413-0477
4.960% 4.875% 0.63 $2,460 $1,324 Learn More
First Internet Bank
NMLS ID: 424182
5.203% 5.125% 0.88 $2,202 $1,362 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
4.990 %
After Intro: 6.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to SAFE 1
To upload and update your bank's rates please register. It is free to register and add rates.



Below are Safe 1 branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California

Safe 1 Locations

Climate Initiatives

SAFE 1 is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Safe 1 Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Safe 1. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Safe 1 U.S. Average
3.60% 4.75

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2022, Safe 1 had $4,369,904 in non-current loans and $114,291 in owned assets. To cover these potential losses it had $119,173,831 in net worth and $5,522,337 in loans loss reserves. That gives it a Texas Ratio of 3.60%.

Net Worth
Safe 1 U.S. Average
13.04% 12.28%

Safe 1 FCU has a net worth of 13.04% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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