SafeAmerica Credit Union is headquartered in Pleasanton and is the 89th largest credit union in the state of California. It is also the 719th largest credit union in the nation. It was established in 1953 and as of June of 2024, it had grown to 62 employees and 36,689 members at 4 locations. SafeAmerica Credit Union's money market rates are 5X the national average, and it has a B health rating.
Field of Membership Restrictions
SafeAmerica Credit Union is open to California residents who join the Financial Fitness Association ($8 annual dues). Individuals who live, work, worship, or attend school in the California counties of Alameda, Contra Costa, San Mateo, or Santa Clara are also eligible to join. Employees of any of SafeAmerica’s Select Employer Groups, as well as immediate family members of current members are invited to join. (Membership requirements are listed in the credit union's online application.)
See current membership details
Related Posts
9/4/15 - SafeAmerica CU Has Competitive 12-Month and 30-Month CDs
9/27/14 - SafeAmerica Credit Union Offers High Rate 18-Month CD Special
3/2/07 - 5.75% 12-Month CD at a California CU - IRA (Kaiser)
7/2/06 - 6.25% 9-Month CD at a California CU ($5K max)
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| Year Established | 1953 |
| Employees | 62 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.33% |
| Return on Equity - YTD | -4.29% |
| Annual Interest Income | $11MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $519.8MM$519.7MM |
| Loans | Q2 2024vs Q2 2023 | $410.5MM$437.1MM |
| Deposits | Q2 2024vs Q2 2023 | $461.1MM$474.3MM |
| Equity Capital | Q2 2024vs Q2 2023 | $40.4MM$42MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $3.7MM$1.9MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.8MM$2.6MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |