Safe 1 Credit Union

  • +1

A short history of Safe 1 CU

Since its inception in 1952 the Safe 1 Credit Union has been serving its members in the Bakersfield, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Doug Kileen, the Safe 1 CU has grown its membership to over 64,270 with assets of more than $594,361,017. They have a main office and 9 branch offices. Please see the credit unions website or contact them by phone at (661) 327-3818 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Bakersfield, CA.

General Information For Safe 1 CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 61598
Address 1400 Mill Rock Way 
City Bakersfield 
State California 
Zip-Code 93311
Phone Number (661) 327-3818
Fax Number (661) 663-8539
Email Address:
CEO/President Doug Kileen
Members 64,270 
Full-Time Employees 126 
Part-Time Employees
Number of Branch Offices
Total Assets 594,361,017 

Compare Safe 1 Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Kern Schools CU Frontier High School 6401 Allen Rd 93389 (661) 833-7900 No 10.42
Bakersfield City Employees CU Galaxy 5600 Crooks Rd Ste 101 48098 (800) 876-9000 No 14.64
Kern CU Branch 50 - Riverlakes 4180 Coffee Rd 93308 (661) 327-9461 No 15.21
Espeeco CU Share One Corp. 2650 Thousand Oaks Blvd 38118 (800) 888-0766 No 16.67

Safe 1 Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Safe 1 Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.49 1.99 2.49 4.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 296 34 51 138 341
Rank Among All California Credit Unions 62 15 27 52 108

Safe 1 Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.10 0.20 0.65 0.20
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 129 114 234 271
Rank Among All California Credit Unions 24 38 34 64 83
Safe 1 Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.4906,06911,449,304
All Other Unsecured Loans/Lines of Credit 12.9502,5335,041,520
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9906,184149,291,162
Used Vehicle Loans 2.49015,170227,849,324
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00042954,875,042
Total Other Real Estate Loans/Lines of Credit 6.00037910,099,873
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 12.9503484,215,996
TOTAL LOANS & LEASES 31,112462,822,221

Safe 1 Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 28042,520,615193,999,592
    b. 15 Years or less 14912,354,427101,269,700
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1554,492,89416460,756
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2245,606,979951,086,252
Open-End Fixed Rate 0000
TOTALS 80864,974,9151406,816,300


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 146,2170
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Safe 1 Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes