SAFE 1 Credit Union Profile

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SAFE 1

Charter #61598 | NCUA Region 3 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (661) 327-3818

Fax: (661) 663-8539

Founding Date: N/A

Website: http://www.safe1.org

Personnel & Operations

President: Cole, Dawn

Manager: King, David

FT Employees: 133

PT Employees: 6

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 10

Hours: 8:00AM TO 6:00PM

Credit Union Profile Summary

SAFE 1 is a FISCU Credit Union. With a total of 86,323 members ^[1], this institution manages approximately $1,075,384,046 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.19% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 7.33% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,075,384,046

Total economic resources.

Total Loans ^[1]

$808,992,666

Total value of outstanding loans.

Total Deposits ^[1]

$897,612,096

Total funds deposited by members.

Members ^[1]

86,323

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

15.19%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

1.66%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

90.13%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 5.25%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 7.33%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 4.45%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1400 MILL ROCK WAY

BAKERSFIELD, CA, 93311

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 9 branches reported by SAFE 1 (Charter #61598).

Main Office

Main Office Main Office

Type: Corporate Office

1400 Mill Rock Way

Bakersfield, CA 93311

Phone: (661) 327-3818

Services: Member Services, Drive-Thru

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Additional Branches

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