Safe Credit Union

Headquarters

2295 Iron Point Rd, Ste 100
Folsom, CA 95630
See all branch locations →

Phone 916-979-7233

Notable Rates APY Vs.Others
Savings 0.08% 3.50% →
1-Year CD 0.60% 3.70% →
2-Year CD 0.90% 3.80% →
5-Year CD 1.31% 4.25% →
30-Year Mortgage 7.26% 6.31% →
15-Year Mortgage 6.72% 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Safe is an NCUA insured institution located in Folsom, CA. It was founded in 1940 and has approximately $4544.52 millions in assets.

Who can join?

SAFE Credit Union serves anyone who lives or works in Sacramento, Placer, Yolo, Yuba, Sutter, Amador, Butte, Contra Costa, Nevada, San Joaquin, Solano, or El Dorado County.

NCUA Insured Yes / State-Chartered
Charter Number # # 68366
Date Established 1940
Assets $4,544.52 million
Loans $2,530.89 million
Deposits $4,166.03 million
Capital $370.75 million
 

Field of Membership Restrictions

Membership in Safe Credit Union is open to those who live, work, attend school or worship in Sacramento, Yolo, Placer, Yuba, Amador, Sutter, Butte, Contra Costa, Nevada, San Joaquin, Solano, or El Dorado counties in California.

Deposit Rates - October 1, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.08% $2,500 $4,999 Learn More
Money Market
0.39% $2,500 $2,999 Learn More
Money Market
0.39% $10,000 $14,999 Learn More
Money Market
0.39% $25,000 $29,999 Learn More
Premium Money Market Account
0.30% $10,000 $14,999 Learn More
Premium Money Market Account
0.30% $25,000 $34,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
30 Mo CD
0.55% $10,000 $14,999 Learn More
30 Mo CD
0.80% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.06% $10,000 $14,999 Learn More
48 Mo CD
1.21% $100,000 $199,999 Learn More
60 Mo CD
1.21% $10,000 $14,999 Learn More
60 Mo CD
1.31% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 1, 2022

Your Current Location: California, CA 92111

Auto Loan Rates APR Rate Monthly Payment
3 Year 4.09% 4.09% $739.10
4 Year 4.09% 4.09% $565.48
5 Year 4.09% 4.09% $461.43
Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


 

Branches

Below are Safe 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



Climate Initiatives

SAFE 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 Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Safe. 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 U.S. Average
3.39% 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 had $12,441,714 in non-current loans and $675,838 in owned assets. To cover these potential losses it had $370,751,164 in net worth and $15,673,874 in loans loss reserves. That gives it a Texas Ratio of 3.39%.

Net Worth
Safe U.S. Average
8.16% 12.28%

Safe FCU has a net worth of 8.16% 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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