2024-11-15T16:44:29-08:00 2023-12-31 RICHARDS & ASSOCIATES 21520 YORBA LINDA BLVD G-516 YORBA LINDA CA 92887 990 2023-01-01 951812302 Safe 1 Credit Union SAFE 6613273818 1400 Mill Rock Way Bakersfield CA 93311 David King CEO 2024-11-15 true true Richards Associates CPAs P01070543 7142876713 2023 2024-10-15 13:58:12Z David King 1400 Mill Rock Way Bakersfield CA 93311 47057316 false X safe1.org X 1952 CA Provided deposit and loan accounts to 81,521 members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs. 11 11 152 14 91004 0 23045720 30621708 1534748 4597915 11535011 11837693 36115479 47057316 0 1331247 5996119 11383144 12184578 0 0 13025172 16074898 25739563 34255595 10375916 12801721 893921948 1037445216 776353444 902022409 117568504 135422807 Provided deposit and loan accounts to 81,521 members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs. false false Provided deposit and loan accounts to 81,521 members. Provided low cost source of credit and low cost financial services to our members. Provided source for member savings and checking account needs. false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 9784 0 true 152 true true true false false false false false false false X 11 11 false false false false false true true true true false false true false true true true true false X David King 6613273818 1400 Mill Rock Way Bakersfield CA 93311 David King CEO/President 40.00 0.00 X 419226 0 24338 Carol Dobbs EVP-Risk 40.00 0.00 317483 0 20540 Cindy Wonderly CFO/EVP-Finance 40.00 0.00 X 287422 0 19421 Michael George EVP-Marketing 40.00 0.00 247138 0 16260 Timothy Spencer EVP-Lending 40.00 0.00 240268 0 17781 Lorraine Townsend EVP-Operations 40.00 0.00 230568 0 16911 Mary Higgins VP-Compliance 40.00 0.00 169619 0 10763 Chris Hanson VP-IT 40.00 0.00 163827 0 5775 Debbie Baker Branch Manager 40.00 0.00 153074 0 9591 Tracy Chitwood Director 2.00 0.00 X 2694 0 0 Richard Ruiz Director 1.00 0.00 X 2154 0 0 Brian Driesen Director 1.00 0.00 X 1733 0 0 Ray Voight Chairman 2.00 0.00 X 1681 0 0 Mike Reed Director 1.00 0.00 X 1655 0 0 Dawn Cole Secretary 1.00 0.00 X 1573 0 0 Ron Wolfe Vice Chairman 1.00 0.00 X 1327 0 0 Jesse Tiwana SC Member 1.00 0.00 X 1178 0 0 Maureen Buscher-Dang Treasurer 1.00 0.00 X 1151 0 0 Serene Storslett SC Chair 1.00 0.00 X 882 0 0 Robert Dickson SC Member 1.00 0.00 X 851 0 0 Michael Bennett Director 1.00 0.00 X 0 0 0 Woody Morrison Director 1.00 0.00 X 0 0 0 Vernon Powers Director 1.00 0.00 X 0 0 0 2245504 141380 9 false true false 0 0 Interest on Loans 522100 30621708 30621708 30621708 4597915 4597915 0 0 0 0 0 0 0 Fee and Other Income 11837693 11746689 91004 11837693 47057316 46966312 91004 X 0 0 0 5996119 2236884 0 9947694 0 0 0 0 0 0 0 0 0 3477045 278490 4231398 0 0 2095668 210524 0 0 1898737 0 0 0 Provision for Loan Loss 2003828 Loan Servicing Fees 1228512 Other non-operating expense 390265 Regulatory Supervision 116722 143709 34255595 0 0 0 12588638 14641965 24193112 131361010 0 0 0 0 682979590 726257213 0 0 32197360 16226144 16550683 15971216 0 0 105924346 110303676 0 51685579 38910136 893921948 1037445216 11176699 117372074 765176745 784650335 776353444 902022409 X 117568504 135422807 117568504 135422807 893921948 1037445216 X 12801721 1096768 3955814 X false false false 3445670 3445670 18369708 6840666 11529042 1502669 1155385 347284 8879313 8230093 649220 15971216 110303676 Other deposits 301987059 Share Drafts 161916776 Share Savings 320746500 784650335 false false false Carol Dobbs EVP-Risk 148308 6433 162742 20540 338023 Chris Hanson VP-IT 160351 3476 5775 169602 Cindy Wonderly CFO/EVP-Finance 242763 6433 38226 19421 306843 David King CEO/President 341000 40000 38226 24338 443564 Debbie Baker Branch Manager 119883 6433 26758 9591 162665 Lorraine Townsend EVP-Operations 211393 6433 12742 16911 247479 Mary Higgins VP-Compliance 134533 6433 28653 10763 180382 Michael George EVP-Marketing 203256 5656 38226 16260 263398 Timothy Spencer EVP-Lending 222258 5268 12742 17781 258049 Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XI, Line 9 Unrealized gain on available for sale securities = $3928413 Form 990, Part XI, Line 9 Unrealized gain on deferred compensation plan = $27401