EIN 94-1179501

Safe Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
874
City
Year formed
1940
Most recent tax filings
2023-12-01
Description
Safe Credit Union offers deposit products and excellent service to over 234,495 members across 13 counties in Northern California.
Related structure
Safe Credit Union is child organization, under the parent exemption from Credit Unions in the State of California.
Total revenues
$229,786,087
2023
Total expenses
$211,556,071
2023
Total assets
$4,637,373,591
2023
Num. employees
874
2023

Program areas at Safe Credit Union

Safe has served the sacramento area since 1940, and now has membership spanning 13 counties in northern California. Safe has 20 branches in three of these counties: sacramento, placer and yolo. Safe serves approximately 236,255 members. Safe offers depository, lending and other financial products and services to help its members improve their financial well-being. As a not for profit, Safe is able to deliver benefits to its membership through lower loan rates and higher deposit rates. In addition, Safe members enjoy the following benefits: access to over 30,000 atms nationwide, access to 5,600 shared branch locations nationwide, ability to perform point-of-sale (pos) transactions, free online banking and bill pay, financial management tools and early payday with direct deposit.
Safe offers a variety of low-rate products to help members with their financing needs. Available loan products include auto loans, real estate mortgage loans, home equity lines of Credit, home improvement loans, visa Credit cards, small business loans, commercial real estate, and other secured and unsecured loans.
Safe offers a variety of deposit products including savings, checking, money market, certificate, retirement, business, and youth accounts. Deposits are federally insured to at least $250,000 and backed by the full faith and Credit of the united states government. Safe's deposit rates are very competitive with the market and are typically higher than banks. Safe features both low and no-cost checking products as well as those with higher dividend rates. Members can transfer funds from one deposit product or account to another quickly and seamlessly through our online, mobile, and telephone banking systems.

Grants made by Safe Credit Union

GranteeGrant descriptionAmount
ProjectAttainSupport of Project Attain$25,000
Aerospace Museum of CaliforniaSponsorship and Support of Community-Related Programs and Fundraisers$25,000
Sierra College FoundationQ2 Grant Recipient and Taste of Excellence$22,500
...and 10 more grants made

Who funds Safe Credit Union

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Sacramento Area Economic CouncilSponsorship$10,000

Personnel at Safe Credit Union

NameTitleCompensation
David RoughtonFormer Chief Executive Officer$1,176,986
Faye NabhaniPresident and Chief Executive Officer$968,909
Alexis FitzpatrickExecutive Vice President , Chief Financial Officer$446,214
Michael McCarthyExecutive Vice President and Cto$494,562
Mike McCarthyExecutive Vice President , Chief Technology Officer
...and 21 more key personnel

Financials for Safe Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$188,347,369
Investment income and dividends$37,424,741
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$52,408
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,961,569
Total revenues$229,786,087

Form 990s for Safe Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-10990View PDF
2022-122023-05-11990View PDF
2021-122022-11-10990View PDF
2020-122021-07-21990View PDF
2020-122021-06-30990View PDF
...and 11 more Form 990s

Organizations like Safe Credit Union

OrganizationLocationRevenue
Financial Partners Credit UnionDowney, CA$83,728,887
Coast Central Credit UnionEureka, CA$66,591,892
San Mateo Credit Union (SMCU)Redwood City, CA$70,068,460
Star One Credit UnionSunnyvale, CA$255,066,926
California Credit UnionGlendale, CA$152,708,557
Patelco Credit UnionDublin, CA$314,717,655
CoastHills Credit UnionSanta Maria, CA$76,854,403
Travis Credit UnionVacaville, CA$193,300,043
Provident Credit UnionRedwood City, CA$112,950,041
Credit Union of Southern CaliforniaAnaheim, CA$120,210,205
Data update history
September 21, 2024
Updated personnel
Identified 5 new personnel
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 1 new personnel
July 11, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Greater Sacramento Area Economic Council
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local levelProvides scholarships
General information
Address
2295 Iron Point Rd Suite 100
Folsom, CA 95630
Metro area
Sacramento-Roseville-Folsom, CA
County
Sacramento County, CA
Website URL
safecu.org/ 
Phone
(916) 979-7233
IRS details
EIN
94-1179501
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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