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SAFE Credit Union is an American state-chartered credit union headquartered at Folsom, California. [1] It has 20 branches in the Greater Sacramento area. [ 2 ] As of 2023 [update] , it was the second-largest credit union in the Sacramento area with $4.52 billion in assets.
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SAFE Credit Union Convention Center pre-renovation. The SAFE Credit Union Convention Center, located at 1400 J Street, is a convention and meeting venue. The Convention Center features an exhibit hall with 240,000 square feet (22,000 m 2) of programmable space, 160,000 square feet (15,000 m 2) of exhibit space, 2 ballrooms, and 37 meeting rooms.
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The beginnings of the bank were in 1905 when E.M. Downer began offering financial services to his acquaintances from a floor safe in his office. [5] This was a great convenience to the residents because the closest bank at the time was at the Contra Costa County seat at Martinez, 13 miles (21 km) away. [5]
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An account holder’s money in a deposit account is no more or less safe at a credit union than at a bank. ... If that same individual has $350,000 in share accounts at one credit union, their ...