About SafeAmerica Credit Union
Our History and Who We Are
SafeAmerica Credit Union found it's beginnings back in 1953 when two credit unions from San Francisco got together to serve Northern California Safeway employees. The credit unions officially merged in 1966 to form Safeway San Francisco Employees Federal Credit Union. Over the years, the credit union continued to grow and in an effort to reflect the ever-increasing diversification of the membership, its name was changed to Safeway Federal Credit Union. In 1989, the credit unions field of membership expanded even further to include Select Employee Groups and changed its name once again, this time to SafeAmerica Federal Credit Union. In 2003, the credit union became State Charted and opened it's field of membership even more to serve four counties: Santa Clara, Alameda, Contra Costa, and San Mateo. It was at that time that the name changed to what it is today, SafeAmerica Credit Union.
Today, SafeAmerica Credit Union is a $500 million community-chartered Credit Union, serving approximately 35,000 members in Northern California; principally in the San Francisco Bay Area with branches in Pleasanton, Walnut Creek, Brentwood, and Hayward.
We are proud to serve the California counties of Alameda, Contra Costa, San Mateo, and Santa Clara as well as numerous employer groups.
What Is a Credit Union?
Why Join SafeAmerica?
Credit unions are not for profit organizations, unlike banks, which are in the business of making money for their shareholders. Membership entitles you to share as a "financial partner." Rather than paying stockholders, credit unions return earnings to members in the form of higher dividends, lower loan rates and reduced transactional fees. This means you can enjoy low cost loans and higher yields on savings and investment options.