Charter 61598 · Bakersfield, CA
Safe 1 Credit Union
Safe 1 Credit Union is a state-chartered credit union in Bakersfield, California, with $1.16 billion in assets and 90,340 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 16.03%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $1.16 billion
- +8.0% in a year
- Members
- 90,340
- +4.7% in a year
- Net worth ratio
- 16.03%
- Peer median 10.79%
- Loans 60+ days late
- 0.37%
- Peer median 0.67%
- Loans outstanding
- $891 million
- +10.1% in a year
- Shares and deposits
- $964 million
- +7.4% in a year
- Branches
- 11
- 149 employees
- Opened
- 1952
- California charter
How Safe 1 Credit Union compares
NCUA groups credit unions by size; Safe 1 Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 16.03% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.37%, is lower than the group median of 0.67%. Loans grew 10.1% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 61 of 239 credit unions headquartered in California. See all California credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $1.16 billion | 90,340 | $891 million | 16.03% | 0.37% |
| Q1 2026 | $1.12 billion | 89,063 | $823 million | 16.16% | 0.32% |
| Q4 2025 | $1.11 billion | 88,136 | $829 million | 15.92% | 0.39% |
| Q3 2025 | $1.08 billion | 87,778 | $835 million | 15.69% | 0.30% |
| Q2 2025 | $1.08 billion | 86,323 | $809 million | 15.19% | 0.38% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 2.6 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 11 sites for Safe 1 Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Main Office (main office)
1400 Mill Rock Way, Bakersfield, CA 93311 - Centurion
1021 Central Expy S, Allen, TX 75013 - Vital Records Center
400 Oak St, Bakersfield, CA 93304 - Delano
1008 Fremont St, Delano, CA 93215 - Tehachapi
20141 W Valley Blvd, Tehachapi, CA 93561 - Porterville
680 N Prospect St, Porterville, CA 93257 - Visalia
1407 E Noble Ave, Visalia, CA 93292 - Granite Falls
8200 Granite Falls Dr, Bakersfield, CA 93312 - Taft
1092 Kern St, Taft, CA 93268 - Panama Lane
3601 Panama Ln, Bakersfield, CA 93313 - Mount Vernon
2700 Mount Vernon Ave, Bakersfield, CA 93306
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology