Overview / Commentary
803-469-8600
160 W Wesmark Blvd
Sumter, SC 29150-1964

SAFE Federal Credit Union is headquartered in Sumter and is the 4th largest credit union in the state of South Carolina. It is also the 286th largest credit union in the nation. It was established in 1955 and as of June of 2018, it had grown to 281 employees and 123,783 members at 19 locations. SAFE Federal Credit Union's CD rates are 34% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in SAFE Federal Credit Union is open to live, work, worship or go to school in Lee, Clarendon, Sumter, Florence or Orangeburg counties or parts of Kershaw, Richland and Lexington counties, South Carolina.
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Reviews (2)

Completely Satisfied

I've been banking with SAFE for about 30 years now, and am completely satisfied with their services. I have several checking accounts and two savings accounts that I use for both personal and business purposes, and have never had any issues with any of them. If they suspect something odd is going on with your account, they ware quick to email you and make sure the transactions were authorized. The interest rates on both types of accounts are decent and competitive. Not a huge money maker, but it's better than a lot of banks do. There is never a service charge for writing checks like some banks like to enforce. When I needed to open another checking and savings account for my rental homes, they were very helpful and it was done quickly and easily. In all, I would very much recommend this credit union to anyone who is able to open an account there. You won't be disappointed!

Experience with Safe

Overall my experience with this establishment has been very good. I currenlty have a checking and savings account and have had no problems conducting day to day business. They have several locations within the general area as well as multiple ATM sites. This is convenient and allows flexibility when on the road. Their fees are pretty standard to other institutions that I've been involved with so I'm pleased with the way they do business. I'm very pleased with their web and mobile interfaces-- they are very user friendly. Easy to read and you can easily may inquiries and transfer money between accounts when necessary. It's also possible to fill out loan applications and other forms right from the site. They also have very favorable loan rates from personal loans to long term mortgages etc.

The only thing that needs to be improved would be their in person customer service. Often when they're busy they do not have enough tellers waiting on customers, and at times there are extended wait times. This would be my on suggestion for improvement to the institution. Other than that, this is a fine establishment that I enjoy having a relationship with from day to day.



Health

Health Grade Components

Overall
NCUA #9988
Year Chartered1955
Employees281
Primary Regulator
Profit Margin
Return on Assets - YTD1.18%
Return on Equity - YTD10.93%
Annual Interest Income$15.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$1.06B$1.03B
LoansQ2 2018vs Q2 2017$786.7MM$648.2MM
DepositsQ2 2018vs Q2 2017$928.0MM$912.0MM
Equity CapitalQ2 2018vs Q2 2017$115.4MM$105.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$3.3MM$2.7MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.7MM$1.1MM
Real Estate OwnedQ2 2018vs Q2 2017$0$259.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not SAFE Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

SAFE Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$1-IRA Accumulator Account
0.25%$1-Flexible Savings
0.20%--Regular Shares
0.20%--Holiday Club

SAFE Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$25k*-SAFE Insured Money Market Account
OTHER TIERS: 0.35% $2k - $10k | 0.45% $10k - $25k

SAFE Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$500-Checking Account

SAFE Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.62%*$100k*-60 Month Investment Certificate
OTHER TIERS: 2.27% $1k - $50k | 2.52% $50k - $100k
2.16%*$100k*-48 Month Investment Certificate
OTHER TIERS: 1.81% $1k - $50k | 2.06% $50k - $100k
2.06%*$100k*-36 Month Investment Certificate
OTHER TIERS: 1.70% $1k - $50k | 1.96% $50k - $100k
1.71%*$100k*-24 Month Easy Street Certificate
OTHER TIERS: 1.36% $1k - $50k | 1.61% $50k - $100k
1.61%*$100k*-24 Month Investment Certificate
OTHER TIERS: 1.26% $1k - $50k | 1.51% $50k - $100k
1.36%*$100k*-30 Month Investment Certificate
OTHER TIERS: 1.01% $1k - $50k | 1.26% $50k - $100k
1.31%*$100k*-18 Month Investment Certificate
OTHER TIERS: 0.95% $1k - $50k | 1.21% $50k - $100k
1.21%*$100k*-12 Month Investment Certificate
OTHER TIERS: 0.85% $1k - $50k | 1.11% $50k - $100k
0.95%*$100k*-6 Month Money Market Certificate
OTHER TIERS: 0.60% $1k - $50k | 0.85% $50k - $100k
0.85%$100-12 Month Money Circus Certificate (Ages 0-12)
0.85%$500-12 Month Y Account Certificate (Ages 13-17)
0.85%$500-12 Month U29 Account Certificate (Ages 18-29)
0.80%*$100k*-3 Month Money Market Certificate
OTHER TIERS: 0.45% $1k - $50k | 0.70% $50k - $100k

SAFE Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.62%*$100k*-60 Month IRA
OTHER TIERS: 2.27% $1k - $50k | 2.52% $50k - $100k
2.16%*$100k*-48 Month IRA
OTHER TIERS: 1.81% $1k - $50k | 2.06% $50k - $100k
2.06%*$100k*-36 Month IRA
OTHER TIERS: 1.70% $1k - $50k | 1.96% $50k - $100k
1.61%*$100k*-24 Month IRA
OTHER TIERS: 1.26% $1k - $50k | 1.51% $50k - $100k
1.36%*$100k*-30 Month IRA
OTHER TIERS: 1.01% $1k - $50k | 1.26% $50k - $100k
1.31%*$100k*-18 Month IRA
OTHER TIERS: 0.95% $1k - $50k | 1.21% $50k - $100k
1.21%*$100k*-12 Month IRA
OTHER TIERS: 0.85% $1k - $50k | 1.11% $50k - $100k
Locations

Availability



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