Mission
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.
Public Charity
Safe 1 Credit Union
Based in Bakersfield, CA, Safe 1 Credit Union operates as a Public Charity. The organization reported $59.0M in revenue, $45.2M in expenses, $1.0B in total assets for fiscal year 2024.
EIN: 951812302
Bakersfield, CA
Credit Unions
NTEE: W61
Latest filing: 2024
Total Revenue$59.0M
Total Expenses$45.2M
Total Assets$1.0B
Grant Records0
Filing Years2020–2024
Where $100 goes at Safe 1 Credit Union
How Safe 1 Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$7
Programs
the work itself
$93
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $7 for programs
$7
Provided deposit and loan accounts to 81,521 members
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director / Treasurer
Brian Driesen
EVP Risk / EVP-Risk
Carol Dobbs
VP IT / VP-IT
Chris Hanson
CFO/EVP-Finance
Cindy Wonderly
CEO/President
David King
Chairman / Secretary
Dawn Cole
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $59.0M | $45.2M | $1.0B |
| 2023 | $47.1M | $34.3M | $1.0B |
| 2022 | $36.1M | $25.7M | $893.9M |
| 2021 | $31.7M | $21.7M | $882.2M |
| 2020 | $29.2M | $25.8M | $789.5M |
Between 2020 and 2024, reported annual revenue grew from $29.2M to $59.0M (+102%), with total assets most recently reported at $1.0B.
Interactive year-over-year charts and full filing details available with membership.