Safe CU (SC)

P. O. Box 2008
Sumter, SC 29151
www.safefed.org

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Safe CU (SC) is headquartered in Sumter and is the 4^th largest credit union in the state of South Carolina. It is also the 255^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 228 employees and 101,379 members. Safe CU (SC)'s savings rates are 54% higher than the national average, and it boasts a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Safe CU (SC) Checking Account Rates

	Apy	Min	Max	Product
	0.15%	$25	-	SAFE Checking Account

Safe CU (SC) Savings Account Rates

Apy	Min	Max	Product
0.80%	-	-	IRA Accumulator Account
0.80%	-	-	Roth IRA Accumulator Account
0.80%	-	-	CESA Accumulator Account
0.40%	-	-	Flexible Savings Account
0.30%	-	-	Regular Shares Savings Account
0.30%	-	-	Holiday Club Account

Safe CU (SC) Money Market Rates

	Apy	Min	Max	Product
	0.55%	$25k	-	SAFE Insured Money Management Account (SIMMA)

Safe CU (SC) CD Rates

Apy	Min	Max	Product
1.76%	$100k	-	60 Month Investment Certificate
1.45%	$100k	-	48 Month Investment Certificate
1.40%	$100k	-	36 Month Investment Certificate
1.16%	$100k	-	24 Month Easy Street CD
1.11%	$100k	-	30 Month Investment Bump Option Certificate
1.06%	$100k	-	24 Month Investment Certificate
0.95%	$100k	-	18 Month Investment Certificate
0.85%	$100k	-	12 Month Investment Certificate
0.75%	$100k	-	6 Month Money Market Certificate
0.65%	$100k	-	3 Month Money Market Certificate
0.50%	-	-	12 Month Money Circus Certificate (Ages 0-12)
0.50%	-	-	12 Month Y Account Certificate (Ages 13-17)
0.50%	-	-	12 Month U29 Account Certificates (Ages 18-29)

Safe CU (SC) IRA Rates

Apy	Min	Max	Product
1.76%	$100k	-	60 Month IRA
1.76%	$100k	-	60 Month Roth IRA
1.76%	$100k	-	60 Month CESA
1.45%	$100k	-	48 Month IRA
1.45%	$100k	-	48 Month Roth IRA
1.45%	$100k	-	48 Month CESA
1.40%	$100k	-	36 Month IRA
1.40%	$100k	-	36 Month Roth IRA
1.40%	$100k	-	36 Month CESA
1.11%	$100k	-	30 Month IRA
1.11%	$100k	-	30 Month Roth IRA
1.11%	$100k	-	30 Month CESA
1.06%	$100k	-	24 Month IRA
1.06%	$100k	-	24 Month Roth IRA
1.06%	$100k	-	24 Month CESA
0.95%	$100k	-	18 Month IRA
0.95%	$100k	-	18 Month Roth IRA
0.95%	$100k	-	18 Month CESA
0.85%	$100k	-	12 Month IRA
0.85%	$100k	-	12 Month Roth IRA
0.85%	$100k	-	12 Month CESA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

SAFE
NCUA #	9988
BankRate Report	View
Year Chartered	1955
Employees	228
Primary Regulator
Assets and Liabilities
Assets	$762.86 million
Loans	$385.26 million
Deposits	$675.44 million
Equity Capital	$74.21 million
Loan Loss Allowance	$2.22 million
Unbacked Noncurrent Loans	$967,000
Real Estate Owned	$450,000
Historic Data - December 2010
Assets	$677.85 million
Equity Capital	$69.69 million
Loan Loss Allowance	$2.44 million
Unbacked Noncurrent Loans	$1.95 million
Real Estate Owned	$589,000
Profit Margin - Quarterly
Net Interest Margin	4.84%
Return on Assets	0.7%
Return on Equity	7.15%
Interest Income	$25.48 million
Non-Interest Income	$15.85 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, 2011 Safe CU (SC) had $1.42 million in non-current loans and owned real-estate with $76.43 million in equity and loan loss allowances on hand to cover it. This gives Safe CU (SC) a Texas Ratio of 1.85% 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 CU (SC) decreased significantly from 3.51% as of December 31, 2010 to 1.85% as of December 31, 2011, resulting in a positive change of 47.24%.This indicates that the balance sheet and financial strength for Safe CU (SC) has improved significantly in recent periods.
Deposit Growth
In the past year, Safe CU (SC) has increased its total deposits by $74.64 million, resulting in 12.42% 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 CU (SC) has shown is excellent.
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 CU (SC) has $762.86 million in assets with $76.43 million in equity, resulting in a capitalization level of 10.02%, which is above average.

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