Safe 1 Credit Union

Safe 1 Credit Union is headquartered in Bakersfield and is the 87^th largest credit union in the state of California. It is also the 595^th largest credit union in the nation. It was established in 1952 and as of December of 2012, it had grown to 80 employees and 45,326 members. Safe 1 Credit Union has a 5-star health rating.

Safe 1 Credit Union Routing Number: 322273609

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Data for Q4 2012

Institution Statistics SAFE 1 NCUA # 61598 BankRate Report View Year Chartered 1952 Employees 80 Primary Regulator Assets and Liabilities Assets $346.02 million Loans $230.45 million Deposits $291.84 million Equity Capital $50.65 million Loan Loss Allowance $3.19 million Unbacked Noncurrent Loans $1.53 million Historic Data - December 2011 Assets $330.80 million Equity Capital $45.27 million Loan Loss Allowance $4.61 million Unbacked Noncurrent Loans $2.01 million Real Estate Owned $149,000 Profit Margin - Quarterly Net Interest Margin 4.03% Return on Assets 1.56% Return on Equity 10.63% Interest Income $11.15 million Non-Interest Income $5.00 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Safe 1 Credit Union had $1.53 million in non-current loans and owned real-estate with $53.84 million in equity and loan loss allowances on hand to cover it. This gives Safe 1 Credit Union a Texas Ratio of 2.84% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Safe 1 Credit Union decreased slightly from 4.32% as of December 31, 2011 to 2.84% as of December 31, 2012, resulting in a positive change of 34.27%.This indicates that the balance sheet and financial strength for Safe 1 Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Safe 1 Credit Union has increased its total deposits by $9.72 million, resulting in 3.44% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Safe 1 Credit Union has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Safe 1 Credit Union has $346.02 million in assets with $53.84 million in equity, resulting in a capitalization level of 15.56%, which is excellent.

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