SAFE Credit Union

Overview / Commentary
2295 Iron Point Rd
Folsom, CA 95630-8765

SAFE Credit Union is headquartered in Folsom and is the 16th largest credit union in the state of California. It is also the 85th largest credit union in the nation. It was established in 1940 and as of December of 2023, it had grown to 751 employees and 235,222 members at 21 locations. SAFE Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Safe Credit Union is open to those who live, work, worship, or attend school in the California counties of Alameda, Amador, Butte, Contra Costa, El Dorado, Nevada, Placer, Sacramento, San Joaquin, Solano, Sutter, Yolo, or Yuba. (Membership requirements are listed in the online application)
See current membership details

Great Bank for low income people

I used to have a Bank account with another Bank and I was ripped off big time by that corporate Bank. My friend told me about Safe Credit Union and how good it was. So I decided to sign up and they immediately accepted me. I only had to deposit a $5 dollar to open a free checking account. They have amazing quick customer service help. The fees for overdraft is super low and only if it goes beyond a certain amount and the fees depend on how much you went over the limit. The employees are very friendly and very helpful and the bank does never have big lines to wait for ever. Also, they have a great Android app for the bank that is useful to deposit checks and pay my bills on time for free. When I went over the limit 3 times last year, I called them up and the person on the phone waived both 3 overdraft fees for me without any negative experience. Since being part of the Safe Credit Union Bank I have had only great experiences and I am recommending everyone to switch over from the greedy run large Banks to Safe Credit Union.

SAFE CU Customer Review

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I’ve been with SAFE CU for over 14 years and have never had an issue with them. I still “walk in” to the CU on pay day because I refuse direct deposit. The CU’s tellers, and other staff, are always bright and smiling when I come in. When I wanted to open a couple CD’s one of the CU managers sat with me and walked over all the do’s and don’ts and answered all of my questions/concerns. She asked my intentions and then she pointed me to the CD’s that were perfect for my needs…. GO SAFE….

Safe Credit Union has great service and products

I have banked with Safe Credit Union for over 15 years and have had no issues with their customer service or products. They have many benefits for customers; most recently a great partnership with an insurance company that promotes great rates. Safe Credit Union is always available to answer my questions and assist me when I am in need of assistance. Last week the great customer service team assisted at getting a couple fees waved and assisted with overdraft protection to ensure I ran into no further issues in the event I forget to move money from our checking to savings account. I truly enjoy my banking experience with Safe Credit Union and refer them to others.

Stay Away From Safe Credit Union, They Are Same As Cancer

Posted by: |

safe credit union is stealing interest from your account by manipulating your account type by tricking you.

I would stay 100 miles away from their employees and con leadership from their ceo including the Professional con Faye Nabhani

To all wonderful, hard working SCU customers, take your money elsewhere as the executives at this bank will throw you under bus.




Health Grade Components

NCUA #68366
Year Chartered1940
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD5.88%
Annual Interest Income$166.3MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$4.65B$4.52B
LoansQ4 2023vs Q4 2022$3.32B$3.13B
DepositsQ4 2023vs Q4 2022$3.96B$3.97B
Equity CapitalQ4 2023vs Q4 2022$310.1MM$289.3MM
Loan Loss AllowanceQ4 2023vs Q4 2022$29.5MM$18MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$13.9MM$9.7MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for SAFE Credit Union are currently being reviewed.



Sacramento Area

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