Credit Union Safety Analysis
Is Safe 1 Credit Union Safe? Bakersfield, California
Based on its Q2 2026 NCUA 5300 call report, Safe 1 Credit Union has a net worth ratio of 16.03%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.37%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Safe 1 Credit Union's net worth ratio is 16.03%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 16.03%
- Delinquency ratio (60+ days) (Q2 2026): 0.37%
- Return on assets (Q2 2026): 1.75%
- Loan-to-share ratio (Q2 2026): 92.42%
Safe 1 Credit Union (NCUA charter 61598, established 1952) reported $1.16B in assets and 90,340 members for Q2 2026 from Bakersfield, California. It ranks 61 of 238 credit unions in California by total assets. Total assets grew 8.0% from $1.08B on June 30, 2025. It has 4,017 more members than on June 30, 2025 (+4.7%). Its net worth ratio was up 0.84 percentage points from 15.19% on June 30, 2025. Used vehicle loans are its largest loan category, $413.3M of $890.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.37% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 454 credit unions with $1B to $10B in assets: 10.89%; middle half of peers: 9.81% to 12.63%.
Earlier filings: 16.16% for Q1 2026; 15.19% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.68%; middle half of peers: 0.45% to 1.05%.
Earlier filings: 0.32% for Q1 2026; 0.38% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.89%; middle half of peers: 0.59% to 1.25%.
Earlier filings: 1.79% for Q1 2026; 1.65% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 88.03%; middle half of peers: 78.23% to 95.19%.
Earlier filings: 85.86% for Q1 2026; 90.13% for Q2 2025.
Loans by type, Q2 2026
- Used vehicle loans: $413.3M
- New vehicle loans: $255.1M
- 1- to 4-family residential and other consumer real estate loans: $180.6M
- Unsecured credit card loans: $20.7M
- Other unsecured loans and lines of credit: $17.4M
- Other secured non-real estate loans and lines of credit: $3.6M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $1.16B | 16.03% | 0.37% | 1.75% | 92.42% |
| March 31, 2026 | $1.12B | 16.16% | 0.32% | 1.79% | 85.86% |
| December 31, 2025 | $1.11B | 15.92% | 0.39% | 2.25% | 90.06% |
| September 30, 2025 | $1.08B | 15.69% | 0.30% | 1.79% | 92.03% |
| June 30, 2025 | $1.08B | 15.19% | 0.38% | 1.65% | 90.13% |
| March 31, 2025 | $1.05B | 15.08% | 0.33% | 1.59% | 84.56% |
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Free to use. It shows Safe 1 Credit Union’s latest filed figures and updates each quarter.
How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Regulator records: NCUA credit union profile (charter 61598) · FFIEC NIC profile (RSSD 30098)
Frequently asked questions
Is Safe 1 Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Safe 1 Credit Union's net worth ratio is 16.03%, above the 7% NCUA threshold for well capitalized.
Is Safe 1 Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Safe 1 Credit Union is a federally insured credit union (NCUA charter 61598): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Safe 1 Credit Union's key safety ratios?
For Q2 2026, Safe 1 Credit Union reports net worth 16.03%, delinquency 0.37%, ROA 1.75%, loan-to-share 92.42%.
What happens to my money if Safe 1 Credit Union fails?
For Q2 2026, Safe 1 Credit Union held $963.8M in shares and deposits for 90,340 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.