Dec, 31, 2021 — SAFEAMERICA CREDIT UNION is a non-federally insured state credit union headquartered in PLEASANTON, CA with 5 branch locations and about $545.56 million in total assets. Opened 69 years ago in 1953, SAFEAMERICA CREDIT UNION has about 36,187 members and employs 67 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAFEAMERICA CREDIT UNION |
|---|---|
| Address: (Main Office) | 6001 Gibraltar Dr PLEASANTON, CA 94588 |
| Phone: | (925) 734-4111 |
| Fax: | (925) 460-0225 |
| Website: | http://www.safeamerica.com |
| Branches: | 5 branch locations |
| Members: | 36,187 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 97093 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $545,562,610 |
| CEO/Manager: | Tom Graves |
| Chairperson: | Frank Zampella |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 45,191,576 |
| TOTAL INVESTMENTS | 61,897,413 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 180,813,250 |
| Unsecured Loans | 18,725,336 |
| Other Loans | 216,062,234 |
| TOTAL LOANS | 415,600,820 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,489,082 |
| Land And Building | 5,099,855 |
| Other Fixed Assets | 1,494,442 |
| NCUSIF Deposit | 0 |
| All Other Assets | 17,767,586 |
| TOTAL ASSETS | 545,562,610 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,027,114 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 82,718,222 |
| Regular shares | 134,072,162 |
| All Other Shares & Deposits | 281,823,452 |
| TOTAL SHARES & DEPOSITS | 498,613,836 |
| TOTAL LIABILITIES | 502,640,950 |
| Regular Reserve | 25,786,294 |
| Other Reserves | -3,921,155 |
| Undivided Earnings | 21,056,521 |
| TOTAL EQUITY | 42,921,660 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 545,562,610 |
| INCOME & EXPENSE | |
| Loan Income | 16,457,429 |
| Investment Income | 741,916 |
| Other Income | 1,652,505 |
| Total Employee Compensation & Benefits | 6,983,445 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,710,028 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 263,214 |
| Cost of Funds | 2,391,149 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,350,507 |
| ↑ Back to Top | |