# SAFE 1
BAKERSFIELD, CA · NCUA charter 61598 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/safe-1-61598

Who the members are: state charter, organized 1952, low-income designated. 89,063 members of 2,563,791 potential (3.5% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *auto monoline*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.12B |
| Members | 89,063 (5.0% YoY) |
| Full-time staff | 137 |
| Net worth | $181.1M |
| Net worth ratio | 16.2% (p96 of band) |
| ROA (annualized) | 1.79% (p98 of band) |
| Total delinquency | 0.32% (p17 of band) |
| Net charge-offs (annualized) | 0.43% (p39 of band) |
| Loans / shares | 86% (p48 of band) |
| Cash / assets | 17.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.74% (p78 of band) |
| Operating expense / assets | 2.66% (p22 of band) |
| Vehicles % of loans | 74% (p100 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 81% |
| Third-party paper % of net worth | 270% (p80 of band) |
| Vehicle delinquency | 0.26% (p16 of band) |
| Vehicle NCO | 0.42% (p12 of band) |
| Repossessed % of vehicle book | 0.10% (p59 of band) |
| Real estate % of loans | 21% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 37% |
| Average share balance | $5,810 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $19,795 |
| Loans granted, annualized | $253.3M |

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 3 | loans>95% of shares |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 | delinquency rising | loans>95% of shares |
| 2020-06 | 3 | net worth falling | delinquency rising |
| 2020-09 | 3 |  |  |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 3 |  | margin squeeze |
| 2021-06 | 3 | delinquency rising | net worth falling |
| 2021-09 | 2 |  | delinquency rising |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | delinquency rising |  |
| 2022-12 | 2 |  | delinquency rising |
| 2023-03 | 3 | leaning on borrowings |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | leaning on borrowings |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | assets shrinking |  |
| 2025-03 | 2 |  | assets shrinking |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-23 [Members Mobile Launches Mobile Service with Safe 1 Credit Union to Drive Member Growth - Business Wire](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNejdtYVFIbEdYLUZuTEdrN3ZiREVxbndreG9WQmItQnM4NE1XdkdzMElSZVZ3bUFNd1NlTU13ZVpPNk5KU3UyYXExV1FmVE84bnNHNkc3X2JWUktIa2VTdVV0dlJGZUhRM3pSTDJFbXR6WjM2cnJKcHJmSG1qN0xyZDEzVGt4T1BPSDFRZFZ1REpCbF9pTWlob0ZPUW9tX1oya3dqaGFhU0pKTjIwd280RWJCSWx2OUhycE5ZZEZKS0dHbVRDc2RJR2hwSGlzM3FBLWZiS0RwazFtdVk?oc=5) · Business Wire
- 2021-03-01 [Local credit union unveils leadership change - bakersfield.com](https://news.google.com/rss/articles/CBMixgFBVV95cUxObzdEb3UyWmNRbko5Z3JiTTJPaGxqM2NWRE5oQTRsZGtpRFplTVIxMUcwcG15S0F4emp5a1U2dnFYNzQ1eG13TW1tOS05SmRiRkFubTN6WjZNYThLemNWMnY4b1VqSlJXNHdlaUFFQy03TDlyUlFLVHlOSTdGMlF4VkZJNENjZ3pkelNLWWxDLVBOM2VxeU0yMzB4WWduZVdLNlVSMGR6cnJRSUlnaXhRaUdhZWYybkJWUi15NTJ0d0RRY19xdGc?oc=5) · bakersfield.com
- 2021-07-09 [Bakersfield man and woman wanted for bank robberies arrested in Oregon - KBAK](https://news.google.com/rss/articles/CBMinwFBVV95cUxPM29NX1BWdk42OVRjVDFEanlYVldDaEtYT3lDWjctZXVVVUZQSHd6MXpFR3J6ekhOak11QUhKNENmNXY2R1VReUMyZWhsczJRdVNaUTR3RDVPMkJ2Vktxc29MNElYSHo5RmR6d2VnYWxjbVlNalZBODUwTzVaX0lzVGZjbkVjSkVfN1oyUE0zdlozenhLS2VlZUFPQTZybTg?oc=5) · KBAK
- 2024-08-20 [Orrin to receive TC Foundation's Community Spirit Award - taftmidwaydriller.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQaWhTcHIzMHNHai01SnNaNjdjSldOOGV3UE1Kc0dNcGQyaXNrbEVtd0VDSkpMSk81TlZrMzRaR1pjcmFxQzlRd19GQzA3cVNmWGY4VUYtNWRPa2RGUkpZV0ViRmU4eUctb3VySFZUa3E3cnpsd29udFo5M0tPUzVZMzhvWGFBenoxYlJpa3k2eFUxdl91LUZNLTFfaWZuOU1WTGJReU9zaEx2WmNIbVo2T3pTM2VSclNwT0lqRnF4MTJfNFpzN240OFpucE5lOTBSRl9rZmlUSU5Fd3M?oc=5) · taftmidwaydriller.com
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - Android Police](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · Android Police
- 2024-03-10 [April Cooper Obituary (1971 - 2024) - Bakersfield, CA - Bakersfield Californian - Legacy obituary](https://news.google.com/rss/articles/CBMikAFBVV95cUxPemo0QjNVb2pEcW1JUEpUVE91SDkzODRIeGhpWjV2OEY1M2taOW1uUUF0RHZRMUY1VG1BOXJ0ejVXOWF5aFBHTERIN3B6dmZDeUtPZXptcWtHS2I1dmRDS3R2b1BJeURMYzVUU0h1WFdYUTB0LWJVb240Tl80cDI3dFNsUFEzWVhLQW4tZE1XZmk?oc=5) · Legacy obituary
- 2016-09-07 [Suspect wanted after Friday armed robbery at Safe 1 Credit Union - bakersfield.com](https://news.google.com/rss/articles/CBMi5gFBVV95cUxQLVUtdkdsY1Q2TmxvMU1MUEVRS3ROWE84d1BORU1XSS1JeDZzaEdmdEtNNk1mR3JlbEJJMDVMa2NPU19CX05HZUl1SVR6VGZ5UGozUXRNWDJLcUxmRk5ocVh1UXNxS0hVdjJ4NTloaEZmT2hheGJZV1pQbUxvblhFTE9ndUZSckxIbDNHeHpaQ3JQbnNZSDRMcVhUNXEwRXd4dHk0Q1RuV0taVEJNUzVzazllZ3RjY3JlSUYwYS02WktySVhrZnkta0hPdU5qbWlCbXFway1tVk53dG5hbkVmNVBhdjQ3Zw?oc=5) · bakersfield.com
- 2019-11-06 [Police arrest two suspects in attempted robbery, attack on woman - delawareonline.com](https://news.google.com/rss/articles/CBMiogFBVV95cUxNTEV0RUZmX3FRRjE0UmkwVW5qemNWcWI0aGFIQU5mWlNNc1JNS25lTmRrZjh4eTJyOFl1SzNxeGpxa1VMbGg3NlNQN3pVWEJ4QWNpZ0lad2JWb2RwUWVGMFE5SkVUMUtub0R2VUttaXJ5TTNnTmpKUElnRk5rVENKTGxQZDlFakNLNjNRMlluMTdpMzF4ZGpaUVZ6YVNtV3VkUUE?oc=5) · delawareonline.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61598 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/30.json (key "61598", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=61598
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide