Credit union · NCUA insured
Safe 1 Credit Union
A $1.1B credit union headquartered in Bakersfield, CA, with 89,063 members and 10 branches in California. Best rates: savings 0.05% APY.
Safe 1 Credit Union Carrot Score
74
Carrot Score
Higher than 37% of U.S. banks and credit unions
#12 of 21 in Bakersfield, CA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Safe 1 Credit Union
Safe 1 Credit Union was founded in 1952 by state employees from Union #35 to form a financial cooperative for co-workers and their families.
The credit union serves the citizens of Kern, Kings, Tulare, and Fresno Counties in California.
- Headquarters
- 1400 Mill Rock Way, Bakersfield, CA 93311
- NCUA charter
- 61598
Branches
10 branches in California
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California
10 branches
Bakersfield area · 8
- Main OfficeMain office1400 Mill Rock Way, Bakersfield, CA 93311Directions
- Granite Falls8200 Granite Falls Dr, Bakersfield, CA 93312Directions
- Mount Vernon2700 Mount Vernon Ave, Bakersfield, CA 93306Directions
- Panama Lane3601 Panama Ln, Bakersfield, CA 93313Directions
- Vital Records Center400 Oak St, Bakersfield, CA 93304Directions
- Delano1008 Fremont St, Delano, CA 93215Directions
- Taft1092 Kern St, Taft, CA 93268Directions
- Tehachapi20141 W Valley Blvd, Tehachapi, CA 93561Directions
Visalia area · 2
- Porterville680 N Prospect St, Porterville, CA 93257Directions
- Visalia1407 E Noble Ave, Visalia, CA 93292Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 16.03% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 0.37% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 1.78% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $92 | $88 | — |
- CapitalNet worth ratio16.03%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late0.37%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets1.78%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$92Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Safe 1 Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.