SafeAmerica Credit Union

SafeAmerica Credit Union
Credit union
Industry Financial services
Founded 1953
Headquarters Pleasanton, California, United States
Number of locations
 4 public branches; plus 2 in-company branches (2010)
Area served
 San Francisco Bay Area, California
Key people

Tom Graves (President & CEO) Matthew Benidt (VP of Retail Banking) [1]Steven Page (VP of Marketing & Digital Banking)[1]

Amrita Prasad (VP of Lending & Collections)[1]
Services Savings; Checking; Consumer Loans; Mortgages; Credit cards; Investments
Number of employees
 63 full-time; 10 part-time[2]
Website http://www.safeamerica.com/

SafeAmerica Credit Union is a 450 million dollar, privately insured, state chartered 35,000 member, natural person credit union operating from four public and two company branches in the San Francisco Bay Area of California. The headquarters are in Pleasanton, California.

History

SafeAmerica was founded in 1953 to serve the financial needs of local Safeway Inc. employees. The credit union added Select Employee Groups (SEGs) over time and in December 2002, they became a community chartered credit union serving four counties. SafeAmerica Credit Union expanded in 2009 with the acquisition of the Kaiser Lakeside Credit Union.[3] The acquisition added approximately $24 million in assets along with 3,500 new members.[4]

SafeAmerica Credit Union has best in class advancements in digital banking using technologies like facial recognition software.[5]

Membership

Individuals living, working, worshiping, or attending school in the following California counties can join SafeAmerica Credit Union: Alameda County, California, Contra Costa County, California, San Mateo County, California, or Santa Clara County, California. Employees of SafeAmerica's Select Employer Groups (SEGs), and all immediate family members of current members are also invited to join.[6]

Companies in the service area can offer credit union benefits by becoming a SEG. This is a standard process for credit unions.

Services

SafeAmerica Credit Union offers these services:

SafeAmerica annually sponsors a scholarship program for five members heading to college or are currently enrolled in college.[7]

The credit union is active with indirect lending through Credit Union Direct Lending (CUDL).[8]

References

  1. 1 2 3 "SafeAmerica Leadership – SafeAmerica Credit Union".
  2. ↑ "NCUA Form 5300 (Statement of Financial Condition)". National Credit Union Administration. June 2007. Archived from the original on 2012-02-08. Retrieved 2008-01-01.
  3. ↑ - Kaiser Lakeside Credit Union Placed into Liquidation; SafeAmerica Credit Union - Credit Union Access
  4. ↑ - Kaiser Lakeside Credit Union Closes - National Credit Union Administration
  5. ↑ "Safe America CU mugs for facial recognition software".
  6. ↑ "About SafeAmerica - SafeAmerica Community Credit Union".
  7. ↑ "College Scholarship Program – SafeAmerica Credit Union".
  8. ↑ "AutoSMART - Your Credit Union". www.cudlautosmart.com.


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