Safe 1 Credit Union
Headquarters
1400 Mill Rock Way
Bakersfield, CA 93311
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2024 Overview
General Credit Union Information
Safe 1 is an NCUA insured institution located in Bakersfield, CA. It was founded in 1952 and has approximately $1037.62 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 | $1,037.62 million |
| Loans | $731.35 million |
| Deposits | $784.65 million |
| Capital | $141.21 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 - May 10, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.05% | $50 | - |
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|
|
Money Market
|
0.50% | $2,500 | $9,999 |
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|
|
Money Market
|
0.50% | $10,000 | $24,999 |
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|
|
Money Market
|
0.50% | $25,000 | $49,999 |
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|
|
Money Market
|
0.75% | $50,000 | $99,999 |
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|
|
Money Market
|
1.25% | $100,000 | - |
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|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 3 Mo CD
|
1.00% | $1,000 | - |
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|
| 6 Mo CD
|
1.25% | $1,000 | - |
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|
| 7 Mo CD
|
4.50% | $1,000 | - |
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|
| 9 Mo CD
|
1.25% | $1,000 | - |
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|
| 12 Mo CD
|
1.75% | $1,000 | - |
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|
| 18 Mo CD
|
1.75% | $1,000 | - |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| INTCK
|
0.05% | $5,000 | - | Learn More |
Loan Rates - May 10, 2024
Your Current Location: Ohio, OH 43085
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 - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 401822 |
6.553% | 6.375% | 0.88 | $6,000 | $1,997 | Learn More |
NMLS ID: 2059741 |
6.755% | 6.625% | 0.75 | $4,320 | $2,049 | Learn More |
NMLS ID: 1025894 |
7.070% | 6.990% | 0.63 | $2,578 | $2,127 | Learn More |
NMLS ID: 3030 |
7.476% | 7.375% | 1.00 | $3,200 | $2,211 | Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
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.
Branches
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:
Columbus,Ohio
Climate Policy and 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.
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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 |
|---|---|
| 6.16% | 6.97 |
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 December 31, 2023, Safe 1 had $8,638,601 in non-current loans and $451,336 in owned assets. To cover these potential losses it had $141,214,361 in net worth and $6,325,873 in loans loss reserves. That gives it a Texas Ratio of 6.16%.
Net Worth
| Safe 1 | U.S. Average |
|---|---|
| 13.61% | 13.62% |
Safe 1 FCU has a net worth of 13.61% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Safe 1
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