# SAFEAMERICA
Pleasanton, CA · NCUA charter 97093 · asset band $500M-1B · latest filing 2024-12 · stopped filing after 2024-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/safeamerica-97093

Who the members are: state charter, organized 1953. 36,375 members of 6,276,329 potential (0.6% of the field); checking penetration 35% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $506.9M |
| Members | 36,375 (-1.8% YoY) |
| Full-time staff | 60 |
| Net worth | $50.2M |
| Net worth ratio | 9.9% (p41 of band) |
| ROA (annualized) | -0.31% (p8 of band) |
| Total delinquency | 0.88% (p61 of band) |
| Net charge-offs (annualized) | 1.14% (p88 of band) |
| Loans / shares | 82% (p40 of band) |
| Cash / assets | 14.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.69% (p21 of band) |
| Operating expense / assets | 2.77% (p19 of band) |
| Vehicles % of loans | 45% (p75 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 91% |
| Third-party paper % of net worth | 310% (p87 of band) |
| Vehicle delinquency | 1.53% (p82 of band) |
| Vehicle NCO | 2.35% (p91 of band) |
| Repossessed % of vehicle book | 0.03% (p47 of band) |
| Real estate % of loans | 48% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 37% |
| Certificates % of member funds | 41% |
| Average share balance | $7,819 |
| Participations bought / yr | $15.0M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $27,480 |
| Loans granted, annualized | $76.0M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | loans>95% of shares |  |
| 2016-09 | 4 | net worth falling |  |
| 2016-12 | 4 | leaning on borrowings | net worth falling |
| 2017-03 | 2 |  | loans>95% of shares, leaning on borrowings |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | loan book shrinking |  |
| 2017-12 | 3 | assets shrinking | loan book shrinking |
| 2018-03 | 3 | losing money | assets shrinking |
| 2018-06 | 2 |  | losing money |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 4 | net worth falling, delinquency rising |  |
| 2019-06 | 2 |  | net worth falling, delinquency rising |
| 2019-09 | 3 | loans>95% of shares |  |
| 2019-12 | 2 |  | loans>95% of shares |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 3 | members leaving |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 2 |  | members leaving |
| 2022-06 | 2 | delinquency rising | thin capital |
| 2022-09 | 3 | assets shrinking |  |
| 2022-12 | 1 |  | delinquency rising, assets shrinking |
| 2023-03 | 2 | assets shrinking |  |
| 2023-06 | 1 |  | assets shrinking |
| 2023-09 | 2 | leaning on borrowings |  |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 4 | losing money, charge-offs p90, assets shrinking | leaning on borrowings, delinquency rising |
| 2024-06 | 4 | net worth falling | assets shrinking |
| 2024-09 | 3 | assets shrinking | charge-offs p90, net worth falling |
| 2024-12 | 4 | loan book shrinking |  |

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

- 2025-01-23 [Nuvision Credit Union and SafeAmerica Credit Union Announce Merger Approvals - PR Newswire](https://news.google.com/rss/articles/CBMizAFBVV95cUxQT2h4alhkMEEtSjhZblVadk1fajdJcmdSVGtuZVNxYk5XWHFkZ3Qxa0FmUGlPTnpFT2JOQ1pMWDhkbEtOQlZPNl9xeU05bzlTaXFFemZxU2pMNEl1ejZsOENpSW54cUxoUE5SR3p6SmpnOFcwN25TVjk1bzdTTVM0VUV4YnZoXzd3cnM3STN2aDZtSlBIN0FaZDRxZGNXYTViTVlwLW02UjkzbkZyVmcwcnpBNUZxcmZWYU5lOTJxVUwxZjZyN2xvVnp5djU?oc=5) · PR Newswire
- 2025-01-30 [Nuvision Credit Union announces merger with SafeAmerica Credit Union - ATM Marketplace](https://news.google.com/rss/articles/CBMiqAFBVV95cUxObDZ1dWs2WVROOXNfX184dUhDazQ1ZWxWVDlUUlFudEN3R1VtcTFNdVhPUnphZUF5c2p4U0JGSzVnOEZpSm9GM01raUhyVGtQa2tKekd5OTI0U3hDZS1yRUhvTHhRS19QVnNVeHNqWVpfVklUaEFwVUd5TVhJRXhDSEdsa1JrcHZ4eUFsLS1wamptbnNodWwzN25oWm5ReHZLWHlmNWdtSk4?oc=5) · ATM Marketplace
- 2023-01-11 [CEO of SafeAmerica Credit Union in California retires - americanbanker.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQbk9DaVY4WVpoMy1CdHc3MXFfaVB2OHRmNGhrWmJSS0p1cHVwVlpzNVFVU0dZTFhKbmZVOGpRTUVrUUNiUF9IWWJ0UWROUUg5bzdPWVNUc09uNzFuSkdlRmJ0bWdhdWIwMkIxOERRdy03Uy1zdGpydFFCWFZ2SUszMVdtanJtTnRwS1VjOWd5aDlCY0FUdDBtSEplLXc1MkNVSUxDQnp1Q3pVdw?oc=5) · americanbanker.com
- 2022-06-08 [SafeAmerica Credit Union Marketing Department Wins 4 Awards at Annual Marketing Conference - Newswire.com](https://news.google.com/rss/articles/CBMirAFBVV95cUxQdlVrdGJST1RDRWpKRzA1QVpRUUxyUjB1SDUzdXNpTlN3d3RCWDI1TFNtV1dQMmthdUVSVTVQMWdIQTJLTHNRamRUQ2drY3hpUXA5RFdGLUtVWmVjRTFJd2RtSXJjcDgtdXRGUmcwVEthZVMtcFBkaUp1X2h4a0Ntc2pRY3pNVkxFQWNSM1RnM1lyYkNOcFlCWWtBOHdHRGt2UDEybk5FTzIzbW03?oc=5) · Newswire.com
- 2026-06-02 [No Hollywood Ending for Beverly Hills City Employees FCU - CUTimes](https://news.google.com/rss/articles/CBMilwFBVV95cUxNVEZEQ0pMRldUbndGVGJKS0kxVGFOWmMtck1DeU1lMk51RHV5Y21QekJiWnpWb3B2dDdjX0s3dHNsLXRYSDFSUkNBcjhzZURGZEFhZTZRUmNYVC1qNzRYdXFDbDNYRHB0ejRPV2tObnh1eHhZRE9uNTNQWXZuOFE4aHM1RVhoODBfWklWQXdvUTIzVldxcFNz?oc=5) · CUTimes
- 2025-01-23 [Nuvision Expands to Northern California with Merger - Orange County Business Journal](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOUTEtQlVjUWFjcENLMUxCWHZOdGhyeDdUX3BodTVMOHJXRXlKSTR5T1VTVmtBN3lkV3IwX1R5XzZZZnlTZkdKTWNtYlF5NWFKWHlWd1FpS1VCT3pOZVFwUFNuZkhxcEYtWHljc0VJRHZFZWNKMjVsZXE2eU5QeThmRjFTbXdtVmJn?oc=5) · Orange County Business Journal
- 2025-07-07 [SafeAmerica Credit Union $390,000 Fee Settlement - Claim Depot](https://news.google.com/rss/articles/CBMid0FVX3lxTE91ZFp6eHJhZ09OSkJxUnBtMXJGVzJKUFYxekU5dFdvd2lqdVBCeGtJeG5EM2t5T1lMUFp0Qk5Iekcza3VtMnc4TjlhaUlMVjRkdENHdzhyQVlGSnZDWnpWMllOMHJITGttUjFlaUZZZnNvUTdlak4w?oc=5) · Claim Depot
- 2024-08-15 [Not your parents' credit union: Marketing targets generation gap - The Business Journals](https://news.google.com/rss/articles/CBMikAFBVV95cUxNVGtndUUtZ09SQzFKUC02b1BNSUZqLV81Y1BLa1lOckZGYVo0VkNNVHF1TTM1YlJSTm5EQ25lUXdST201V010clhFYm1na21jbG1jX0JSZmpnZWVnTnBBTUxIcFYteXV6dk9EVlB1aDY0NUZfNi15YmZ1MmtKeFNzT3FMdC1RQXFzR3RVS2ZIekw?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=97093 (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/5.json (key "97093", 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=97093
- 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