SAFE Credit Union

History

Constantly evolving, SAFE embraces technology and implements ground-breaking banking solutions to accommodate members' changing needs. Originally launched to serve employees at the Sacramento Air Depot in Sacramento, California, SAFE now serves anyone who lives, works, or worships in 13 counties in the heart of California.

The credit union opened in 1940 as the Sacramento Air Depot Federal Credit Union. In one year, it ballooned to 275 members and managed $7,000 in assets. In that era, the unsecured loan limit was $50 and share holdings were limited to $200 per member. By 1944, membership had swelled to 1,800 members and assets reached $30,000.

In 1953, the credit union was renamed Sacramento Air Force Employees Federal Credit Union. By 1959, the board of directors shortened the name to S.A.F.E. Federal Credit Union. Today, we're called SAFE Credit Union.