About SafeAmerica Credit Union
We're not just a financial institution, we're your financial partner.
Who We Are
Founded in 1953, our roots run deep. We're committed to providing the financial guidance you need to navigate life’s journey.
No matter where life takes you, we have the right product to help get you there. Credit unions aren't just for car loans. We are a comprehensive financial institution that offers everything a bank does.
Our History
Welcome
Credit unions are not-for-profit, so our earnings are returned to our members in the form of higher dividends, lower loan rates and reduced fees.
1953
Safeway San Francisco Employees Federal Credit Union was established
SafeAmerica Credit Union found its beginnings back in 1953 when two credit unions from San Francisco got together to serve Northern California Safeway employees.
1966
Safeway San Francisco Employees Federal Credit Union
The credit unions officially merged in 1966 to form Safeway San Francisco Employees Federal Credit Union to better serve their members, moving offices from San Francisco to Burlingame where it remained for the next 16 years.
1982-1983
Safeway Federal Credit Union
The credit union moved its operations from Burlingame to Hayward, placing the office closer to the geographic center of the membership. The following year, in 1983, to reflect the ever increasing diversification of the membership, its name changed to Safeway Federal Credit Union.
1985
Reached $100 million in assets
1989
SafeAmerica 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.
2001
Relocated to Pleasanton, CA
The main office for SafeAmerica Federal Credit Union relocated from Hayward to be closer to Safeway headquarters in Pleasanton, CA.
2003
SafeAmerica Credit Union
In 2003, the credit union became State Charted and opened its field of membership even more to serve four California 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.
2008
Reached $250 million in assets
2020
Reached $500 million in assets
2023
Celebrating 70 years of financial service
Today, SafeAmerica Credit Union is a $532 million community-chartered Credit Union, serving approximately 37,000 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?
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.
