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Filing year 2024

Safe Credit Union

Folsom, California·EIN 94-1179501·14
Total revenue
$254.7M
Total assets
$4.3B
Total expenses
$230.1M
Reported officers
23
Mission

SAFE Credit Union's Purpose Statement is Building Financial Freedom. SAFE believes in financial freedom. This belief drives our commitment to serving members with knowledge and opportunities to build financial freedom.

Executive compensation, broken down

Form 990 · Schedule J · 21 reported individuals · Filing year 2024

$1.3M
$1.3M
Base
$682k
Bonus
$205k
Other
$315k
Benefits
$16k
Sr Mortgage Officer
highest compensated employee
$1.1M
$1.2M
Base
$1M
Bonus
$500
Other
$99
Benefits
$32k
Evp/cso
key employee
$722k
$769k
Base
$370k
Bonus
$334k
Other
$2k
Benefits
$3k
Sr Mortgage Officer
highest compensated employee
$622k
$662k
Base
$602k
Bonus
Other
$36
Benefits
$6k
Wealth Advisor
highest compensated employee
$562k
$598k
Base
$529k
Bonus
Other
$2k
Benefits
$18k
Evp/clo
key employee
$517k
$550k
Base
$409k
Bonus
$69k
Other
$4k
Benefits
$21k
Svp/cto
key employee
$508k
$541k
Base
$326k
Bonus
$66k
Other
$83k
Benefits
$20k
Evp/chro
key employee
$493k
$525k
Base
$325k
Bonus
$65k
Other
$88k
Benefits
$3k
Evp/cfo
officer (unspecified)
$432k
$460k
Base
$346k
Bonus
$69k
Other
$900
Benefits
$3k
Evp/cxo
key employee
$309k
$328k
Base
$256k
Bonus
$36k
Other
$900
Benefits
$11k
Sr Mortgage Officer
highest compensated employee
$262k
$279k
Base
$250k
Bonus
$500
Other
$436
Benefits
$1k
Mortgage Sales Team Lead
highest compensated employee
$151k
$160k
Base
$122k
Bonus
$750
Other
$380
Benefits
$22k
Treasurer, 1st Asst. Secretary
officer (unspecified)
$3k
$4k
Director
board member
$3k
$3k
Director
board member
$2k
$2k
Chairperson
board chair
$2k
$2k
1st Vice Chairperson
board chair
$2k
$2k
Secretary
officer (unspecified)
$2k
$2k
Director
board member
$1k
$2k
Director
board member
$1k
$2k
Director
board member
$790
$841

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Down 33%
from 2023

From $1.9M in 2023 to $1.3M in 2024.

$1.9M
2023
$1.3M
2024
In today's dollarsEst.
Down 35% in real terms$2.1M to $1.3M

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Safe Credit Union reported revenue and expenses across 2 filing years.

RevenueExpenses
$229.8M
$211.6M
2023
$254.7M
$230.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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