2023-05-11T23:04:01+00:00 2022-12-31 350921680 CROWE LLP 575 Market Street Suite 3300 San Francisco CA 941055829 990 2022-01-01 941179501 Safe Credit Union SAFE 9169797233 2295 Iron Point Rd Suite 100 Folsom CA 956308765 Alexis Fitzpatrick EVP/CFO 2023-05-11 true Alexis Fitzpatrick 999009999 Diane Kirmaci P01578407 4155761100 2022 2023-04-26 12:10:37Z Faye Nabhani 2295 Iron Point Rd Suite 100 Folsom CA 956308765 183102902 false X www.safecu.org X 1940 CA SAFE Credit Union's mission is to help members improve their financial well-being, provide excellent service, and ensure a financially sound credit union. 10 10 955 16 1194515 0 0 150301150 156257340 7697792 19849896 4137728 6995666 162136670 183102902 396890 494708 12583597 10824672 73808684 77120529 0 0 41211294 61389255 128000465 149829164 34136205 33273738 4443372826 4508747092 4089764165 4219469562 353608661 289277530 SAFE Credit Union's mission is to help members improve their financial well-being, provide excellent service, and ensure a financially sound credit union. false false SAFE HAS SERVED THE SACRAMENTO AREA SINCE 1940, AND NOW HAS MEMBERSHIP SPANNING 13 COUNTIES IN NORTHERN CALIFORNIA. SAFE HAS 20 BRANCHES IN THREE OF THESE COUNTIES: SACRAMENTO, PLACER AND YOLO. SAFE SERVES APPROXIMATELY 234,495 MEMBERS. SAFE OFFERS DEPOSITORY, LENDING AND OTHER FINANCIAL PRODUCTS AND SERVICES TO HELP ITS MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING. AS A NOT FOR PROFIT, SAFE IS ABLE TO DELIVER BENEFITS TO ITS MEMBERSHIP THROUGH LOWER LOAN RATES AND HIGHER DEPOSIT RATES. IN ADDITION, SAFE MEMBERS ENJOY THE FOLLOWING BENEFITS: ACCESS TO OVER 30,000 ATMS NATIONWIDE, ACCESS TO 5,600 SHARED BRANCH LOCATIONS NATIONWIDE, ABILITY TO PERFORM POINT-OF-SALE (POS) TRANSACTIONS, FREE ONLINE BANKING AND BILL PAY, FINANCIAL MANAGEMENT TOOLS AND EARLY PAYDAY WITH DIRECT DEPOSIT. SAFE OFFERS A VARIETY OF DEPOSIT PRODUCTS INCLUDING SAVINGS, CHECKING, MONEY MARKET, CERTIFICATE, RETIREMENT, BUSINESS, AND YOUTH ACCOUNTS. DEPOSITS ARE FEDERALLY INSURED TO AT LEAST $250,000 AND BACKED BY THE FULL FAITH AND CREDIT OF THE UNITED STATES GOVERNMENT. SAFE'S DEPOSIT RATES ARE EVERY COMPETITIVE WITH THE MARKET AND ARE TYPICALLY HIGHER THAN BANKS. SAFE FEATURES BOTH LOW AND NO-COST CHECKING PRODUCTS AS WELL AS THOSE WITH HIGHER DIVIDEND RATES. MEMBERS CAN TRANSFER FUNDS FROM ONE DEPOSIT PRODUCT OR ACCOUNT TO ANOTHER QUICKLY AND SEAMLESSLY THROUGH OUR ONLINE, MOBILE, AND TELEPHONE BANKING SYSTEMS. SAFE OFFERS A VARIETY OF LOW-RATE PRODUCTS TO HELP MEMBERS WITH THEIR FINANCING NEEDS. AVAILABLE LOAN PRODUCTS INCLUDE AUTO LOANS, REAL ESTATE MORTGAGE LOANS, HOME EQUITY LINES OF CREDIT, HOME IMPROVEMENT LOANS, VISA CREDIT CARDS, SMALL BUSINESS LOANS, AND OTHER SECURED AND UNSECURED LOANS. 0 false false true false false false true false true true false false true true true false false false false false false false false false false true true true false true false false false false false false false false false false false false true 128015 0 true 955 true true true false false false false false true false X 10 10 false false false false true true true true false false true true true true true true true true true true false CA X Alexis Fitzpatrick 9169797233 2295 Iron Point Rd Suite 100 Folsom CA 95630 Jody Porter 2nd Vice Chairperson 3.0 X X 0 0 0 Rick Blumenfeld Treasurer 5.0 X X 0 0 0 Robert Logue 1st Vice Chairperson 8.0 X X 1678 0 0 Sonia Lewis Secretary 8.0 X X 1639 0 0 Terrrance Tremelling Chairperson 10.0 X X 0 0 0 Bernadette Austin Director 6.0 X 1147 0 0 Brian Bedford Director (until 8/15/22) 2.0 X 0 0 0 Donald Ball Director 4.0 X 3906 0 0 Ronald Seaman Director 5.0 X 2959 0 0 Ryan Larkin Director 4.0 X 1378 0 0 Trish Rodriguez Director 2.0 X 909 0 0 Chris Harris EVP/CFO 40.0 X 439600 0 26131 David Roughton CEO 40.0 X 1176986 0 41084 Faye Nabhani President 40.0 X 666860 0 38386 Colleen Nerius EVP/CHRO 40.0 X 446808 0 36030 Michael McCarthy SVP/CIO 40.0 X 429262 0 42812 Tiffani Vargas EVP/CLO 40.0 X 348896 0 41739 Brandi Schaefer Sr Mortgage Officer 40.0 X 1925742 0 26016 Damian Azimi Sr Mortgage Officer 40.0 X 592960 0 42880 Diane Hicks Sr Mortgage Officer 40.0 X 855489 0 18871 Ryan Smith Sr Mortgage Officer 40.0 X 533687 0 44258 William G Erb Mortgage Sales Team Lead 40.0 X 979083 0 45951 8408989 0 404158 171 false true false NCR CORPORATION 864 SPRING STREET NW ATLANTA GA 303081007 ATM Online Banking Services 3043324 CITY OF SACRAMENTO PO Box 2770 SACRAMENTO CA 958122770 Naming Rights Convention Ctr Signage 2557147 UNCOMMON ADVERTISING 1331 21ST STREET SACRAMENTO CA 95811 Public Relations/Marketing 1759021 FISERV INC PO BOX 208457 DALLAS TX 753208457 Core system software provider 1646062 INFOIMAGE 175 SOUTH HILL DRIVE BRISBANE CA 94005 Printing and Imaging Services 1468355 71 0 Interest on loans to members 522100 96449405 96449405 0 0 ATM and debit card fees 522100 28132894 27746692 386202 0 Account service fees 522100 16547552 16547552 0 0 Loan fees 522100 8206785 8206785 0 0 Net gain on sale of loans 522100 947050 947050 0 0 5973654 5917295 56359 0 156257340 19849896 0 0 19849896 398032 398032 0 398032 0 0 398032 0 0 Other non-interest income 522100 5845680 4047043 0 1798637 Shared branch fees 522100 751954 0 751954 0 0 0 0 0 0 0 0 0 6597634 183102902 159861822 1194515 22046565 482708 12000 10824672 3751283 55414852 4257637 8661062 5035695 1138311 369423 3629764 4849711 6239883 15655216 5391105 367651 514964 1476443 4144856 270378 Provision for Loan Losses 9269663 Loan Servicing Expense 5840499 Fraud and Card Losses 908031 DFPI Assessment 427513 895844 149829164 13214956 20457390 547126402 182345670 2336268 2379700 0 0 2452115216 3109768829 110187543 54373082 55226063 55814461 1192190619 927017676 0 13545540 13416456 167617762 197546910 4443372826 4508747092 42206384 54442020 4092000 3733046 0 0 0 200000000 4043465781 3961294496 4089764165 4219469562 X 353608661 289277530 353608661 289277530 4443372826 4508747092 33273738 -97604869 0 X false true X true false 79368 0 79368 0 79368 true The Sacramento Metropolitan Chamber PAC 1017 L St 557 Sacramento CA 95814 912066212 20000 0 Schedule C, Part I-A, Line 1 Description of Political Activities SAFE IS A COMMUNITY-BASED CREDIT UNION THAT HAS SIGNIFICANT INTERFACE WITH THE LOCAL, STATE, AND FEDERAL GOVERNMENT OFFICIALS AND ENTITIES. SAFE PARTICIPATES IN THE POLITICAL PROCESS IN ORDER TO HAVE AN OPPORTUNITY TO PROVIDE INPUT ON LEGISLATION THAT AFFECTS CREDIT UNIONS. true 766063822 54758711 99939654 720882879 true X 10022969 10022969 48513513 17487434 31026079 4139800 2474034 1665766 47511261 34411614 13099647 55814461 Available for Sale Securities 911960704 F Other Investments 15056972 F 927017676 Member share accounts Public unit shares Member share accounts Public unit shares Member share accounts 3881218720 Public unit shares 80075776 3961294496 X 85498033 -97604869 0 -97604869 183102902 0 0 183102902 149829164 0 0 149829164 0 0 149829164 Schedule D, Part IV, Line 1b Agent, trustee, custodian, or other intermediary arrangement The credit union serves as custodian for assets which are not included on the balance sheet. Schedule D, Part IV, Line 2b Explanation of escrow agreement The credit union holds funds in escrow to pay real estate taxes and insurance on behalf of its mortgage loan members. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Credit Union is exempt, by statute, from federal income taxes. The Credit Union is a state-chartered credit union described in Internal Revenue Code (IRC) Section 501(c)(14). As such, the Credit Union is exempt from federal taxation of income derived from the performance of activities that are in furtherance of its exempt purposes. However, the Credit Union is subject to unrelated business income tax. FASB Codification Topic 740, Income Taxes, provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Credit Union's tax returns to determine whether the tax positions are more likely than not to be sustained "when challenged or "when examined" by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax expense and liability in the current year. For the years ended December 31, 2022 and 2021, management has determined that there are no material uncertain tax positions. true Aerospace Museum of California 3200 Freedom Park Dr McClellan CA 95662 942831253 501(c)(3) 25000 Sponsorship and support of community-related programs and fundraisers California Capital Airshow 10425 Norden Ave Mather CA 95655 743212900 501(c)(3) 7500 STEM Expo Sponsorship Children's Miracle Network 10325 Meanley Drive San Diego CA 92131 870387205 501(c)(3) 16600 Support of Children's Miracle Network via SacTown Run Cyber Proud Inc 1900 Point West Way 104 Sacramento CA 95815 852461355 501(c)(3) 18650 Grant for Q1 funding cycle. Dollars allocated to programs supporting veterans and workforce development initiatives Downtown Sacramento Partnership 980 9TH Street STE 200 Sacramento CA 95814 680270320 501(c)(6) 7000 State of Downtown Sponsorship The First Tee of Greater Sacramento 3649 Fulton Ave Sacramento CA 95821 680023502 501(c)(3) 10000 Support for program which teaches children the principles/values of life through golf Folsom Economic Development Corp 200 Wool Street Folsom CA 95630 680377492 501(c)(3) 10000 Support for the economic development within the City of Folsom Hope Healthy Outcomes 2540 Douglas Blvd Roseville CA 95661 262379385 501(c)(3) 20000 2nd Quarter Grant-Mental Health Junior Achievement PO Box 255602 Sacramento CA 95865 946080866 501(c)(3) 20000 2021 Q3 Grant Keaton's Child Cancer Alliance 2260 Douglas Blvd Roseville CA 95661 680406980 501(c)(3) 6450 2021 Q2 Grant Recipient National Credit Union Foundation Inc 5710 Mineral Point Rd Madison WI 53705 391383650 501(c)(3) 10000 Support of the National Credit Union Foundation Project Attain 3400 3rd Ave Sacramento CA 95817 680287387 501(c)(3) 25000 Support of Project Attain Sacramento County Office of Education PO Box 269003 Sacramento CA 95826 946002536 Government 10000 Support of local high school scholarships Sacramento Food Bank and Family Services 3333 Third Ave Sacramento CA 95817 943315566 501(c)(3) 21800 No Student left Hungry Q3 2022 Grant and Joy and Kindness campaign Sacramento Neighborhood Housing Services 2411 Alhambra Suite 200 Sacramento CA 95817 680118032 501(c)(3) 20000 Support of Neighborhood Works Serotonin Surge Charities 824 Falcon Ave Davis CA 95616 680411254 501(c)(3) 10000 Lighting the Way Shriner's Hospital 2425 Stockton Blvd Sacramento CA 95817 362193608 501(c)(3) 10300 Big Day of Giving and Community event support Saint John's Program for Real Change 2443 Fair Oaks Blvd 369 Sacramento CA 95825 680132934 501(c)(3) 11900 2021 Q2 Grant Recipient Stanford Youth 8912 Volunteer Lane Sacramento CA 95826 680065690 501(c)(3) 10000 2nd Quarter Grant-Mental Health Nonprofit Resource CenterImpact Foundry 2030 W El Camino Ave Suite 210 Sacramento CA 95833 680173440 501(c)(3) 10000 2022 Corporate Sponsorship UC Davis Medical School 4900 Broadway Ste 115 Sacramento CA 95820 946036494 501(c)(3) 21200 Sponsorship of UC Davis medical student scholarships, mini-medical school, and palliative care fellowship Sacramento Veterans Employer Resources Group Inc (VERG) 4801 Laguna Blvd Suite 105-116 Sacramento CA 95758 853340395 501(c)(3) 10000 2022 Big Day of Giving Volunteers of America N CA and N Nevada 3434 Marconi Ave Sacramento CA 95821 946001984 501(c)(3) 10000 Q1 grant funding for programs supporting veterans with workforce development programs. Sacramento State Alumni Assoc 6000 J St Sacramento CA 95819 943001359 501(c)(3) 22000 2021 Q3 Grant 23 1 STUDENT SCHOLARSHIPS 12 12000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Community donations and contributions are reviewed and approved by SAFE's executive management prior to disbursement. All donations and contributions are reported to SAFE's board of directors on a monthly basis for their review. X X true true X X X X false true false David Roughton CEO 908102 0 251401 0 17483 0 24560 0 16524 0 1218070 0 0 0 Faye Nabhani President 454110 0 107506 0 105244 0 23800 0 14586 0 705246 0 0 0 Chris Harris EVP/CFO 364892 0 72797 0 1911 0 24084 0 2047 0 465731 0 0 0 Colleen Nerius EVP/CHRO 301331 0 59704 0 85773 0 24258 0 11772 0 482838 0 0 0 Michael McCarthy SVP/CIO 289309 0 58641 0 81312 0 23653 0 19159 0 472074 0 0 0 Tiffani Vargas EVP/CLO 286241 0 61004 0 1651 0 23701 0 18038 0 390635 0 0 0 Brandi Schaefer Sr Mortgage Officer 1923746 0 750 0 1246 0 23200 0 2816 0 1951758 0 0 0 William G Erb Mortgage Sales Team Lead 918918 0 58203 0 1962 0 24009 0 21942 0 1025034 0 0 0 Diane Hicks Sr Mortgage Officer 851167 0 750 0 3572 0 17349 0 1522 0 874360 0 0 0 Damian Azimi Sr Mortgage Officer 590535 0 1767 0 658 0 23800 0 19080 0 635840 0 0 0 Ryan Smith Sr Mortgage Officer 528585 0 1530 0 3572 0 21984 0 22274 0 577945 0 0 0 Schedule J, Part I, Line 1a Travel for companions Benefits to interested persons includes travel-related expenses for the spouses of the Board Directors or Senior Management who are attending credit union and financial services industry conferences or events. The following individuals received this benefit and were issued a 1099-NEC or W-2: 1. Robert Logue 2. Bernadette Austin 3. Jeff Jefferson 4. Ronald Seaman 5. James Hopp 6. Donald Ball 7. Ryan Larkin 8. Sonia Lewis 9. Trish Rodriguez 10. David Roughton Schedule J, Part I, Line 1a Health or social club dues or initiation fees SAFE pays the membership dues to a local country club for its CEO for business development. This amount was not treated as taxable income. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan 1. The credit union's CEO, David Roughton, has a SERP in which the credit union pays a retirement benefit to the executive if certain requirements are met. The retirement benefit is treated as annual compensation, which is subject to income tax and is included in Other Reportable Compensation in Schedule J, Part II. The original terms of the SERP agreement were met at the end of 2021. No annual amounts were paid in 2022. 2. The credit union's EVP/CFO, Chris Harris, has a SERP in which the credit union pays a retirement benefit to the executive if certain requirements are met. The retirement benefit is treated as annual compensation, which is subject to income tax and is included in Other Reportable Compensation in Schedule J, Part II. The original terms of the SERP agreement were met at the end of 2021. No annual amounts were paid in 2022. 3. The credit union's President, Faye Nabhani, has a SERP in which the credit union pays a retirement benefit to the executive if certain requirements are met. The retirement benefit is treated as annual compensation, which is subject to income tax and is included in Other Reportable Compensation in Schedule J, Part II. The annual amount paid in 2022 is $103,333. 4. The credit union's EVP/CHRO, Colleen Nerius, has a SERP in which the credit union pays a retirement benefit to the executive if certain requirements are met. The retirement benefit is treated as annual compensation, which is subject to income tax and is included in Other Reportable Compensation in Schedule J, Part II. The annual amount paid in 2022 is $85,000. 5. The credit union's SVP/CIO, Michael McCarthy, has a SERP in which the credit union pays a retirement benefit to the executive if certain requirements are met. The retirement benefit is treated as annual compensation, which is subject to income tax and is included in Other Reportable Compensation in Schedule J, Part II. The annual amount paid in 2022 is $80,630. Schedule J, Part I, Line 1b POLICY ON REIMBURSEMENT THE BUSINESS PURPOSE OF THIS MEMBERSHIP IS TO FACILITATE EVENTS FOR THE CREDIT UNION'S CEO AND BUSINESS ASSOCIATES. MEMBERSHIP DUES ARE INVOICED DIRECTLY TO SAFE ON A MONTHLY BASIS AND APPROVED IN ACCORDANCE WITH COMPANY EXPENSE POLICIES. EXPENSES FOR TRAVEL COMPANIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO THE SAME EXPENSE REIMBURSEMENT POLICY AS IS THE BOARD AND ORGANIZATION'S EMPLOYEES. Director Unsecured Credit Card Loan X 719 719 false false true Director Real Estate X 625000 238012 false false true Director New Vehicle X 40283 11615 false false true Director Unsecured Credit Card Loan X 3556 3556 false false true Director Unsecured Credit Card Loan X 467 467 false false true Director Real Estate X 420374 19371 false false true Director Unsecured Credit Card Loan X 4499 4499 false false true Director Unsecured Credit Card Loan X 418 418 false false true Director Unsecured Credit Card Loan X 3411 3411 false false true Director Unsecured Credit Card Loan X 5403 5403 false false true Officer Unsecured Credit Card Loan X 1698 1698 false true true Key Employee New Vehicle X 34883 17711 false false true Key Employee Real Estate X 650000 492293 false false true Officer Real Estate X 1150000 765217 false true true Key Employee New Vehicle X 48000 37465 false false true Key Employee Used Vehicle X 51546 45320 false false true Key Employee Real Estate X 935000 670506 false false true Key Employee Real Estate X 1264256 59408 false false true Officer Unsecured Credit Card Loan X 2611 2611 false true true 2379700 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES FINANCIAL PLANNING SERVICES, INSURANCE PRODUCTS AND THE PARTICIPATION IN MANY COMMUNITY-RELATED EVENTS AND SUPPORT OF NON-PROFIT ORGANIZATIONS. Form 990, Part VI, Line 6 Classes of members or stockholders The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends on deposits. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur and as outlined in the bylaws. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THE BOARD OF DIRECTORS DO NOT DELEGATE BOARD AUTHORITY TO A COMMITTEE, HOWEVER MAY APPOINT AN EXECUTIVE COMMITTEE OF NO FEWER THAN THREE DIRECTORS AND DELEGATE TO SUCH COMMITTEE THE POWER TO APPROVE MEMBERSHIP APPLICATIONS. WITH THE WRITTEN APPROVAL OF THE COMMISSIONER, IF DELEGATED, THE EXECUTIVE COMMITTEE MAY ACT FOR THE BOARD OF DIRECTORS IN THE PURCHASE AND SALE OF SECURITIES, INVESTMENT AND WITHDRAWAL OF FUNDS, IN BORROWING FUNDS AND IN MAKING LOANS TO OTHER CREDIT UNIONS IN ACCORDANCE WITH APPLICABLE LAW AND REGULATIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body Preparation of the Form 990 is coordinated through the company's Finance department and third-party tax preparer. Information is requested from and gathered by several functional areas and executive management to assist in the completion of the Form. Throughout the process, questions are discussed with the tax preparer and resolutions are incorporated into the return as appropriate. Once completed, executive management reviews the form for accuracy and reasonableness. The completed form is then presented to the board of directors for their review prior to filing. Any questions or issues raised by the board are addressed and approved prior to submission to the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Any instances of a conflict of interest that management becomes aware of is escalated to the Chief Human Resources Officer and the President/CEO. An investigation would be conducted to gather all the facts. Those facts would be used to determine the appropriate actions that are warranted. SAFE also has a formal process that provides employees a means of reporting any complaint or inappropriate activities directly to the Audit Committee or directly to our regulator, the California Department of Financial Protection and Innovation. Lastly, SAFE's internal control structure is documented, reviewed and updated annually by management and audited by its external and internal auditors. Internal controls are a vital part of helping to detect conflicts or inappropriate activity within the organization. Form 990, Part VI, Line 15a Process to establish compensation of top management official ANNUALLY, SAFE REVIEWS CURRENT EXTERNAL MARKET DATA. ADJUSTMENTS MAY BE MADE AS NEEDED BASED ON THE MARKET-BASED SALARY AND THE INDIVIDUAL'S PERFORMANCE, EXPERIENCE, SKILLS, AND TIME IN THE ROLE. THIS PROCESS AFFECTS ALL LEVELS AND POSITIONS WITHIN THE ORGANIZATION. FURTHER, EXECUTIVE COMPENSATION SURVEYS ARE REVIEWED BY THE CHIEF HUMAN RESOURCES OFFICER AND ARE USED FOR COMPARISON PURPOSES TO ENSURE THAT COMPETITIVE, MARKET BASED RANGES ARE IN PLACE. FOR THE CEO, COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND A CEO COMPENSATION SALARY SURVEY IS OBTAINED AND RESEARCH IS PERFORMED TO ENSURE COMPENSATION LEVELS ARE COMPETITIVE. Form 990, Part VI, Line 15b Process to establish compensation of other employees ANNUALLY, SAFE REVIEWS CURRENT EXTERNAL MARKET DATA. ADJUSTMENTS MAY BE MADE AS NEEDED BASED ON THE MARKET-BASED SALARY AND THE INDIVIDUAL'S PERFORMANCE, EXPERIENCE, SKILLS, AND TIME IN THE ROLE. THIS PROCESS AFFECTS ALL LEVELS AND POSITIONS WITHIN THE ORGANIZATION. FURTHER, EXECUTIVE COMPENSATION SURVEYS ARE REVIEWED BY THE CHIEF HUMAN RESOURCES OFFICER AND ARE USED FOR COMPARISON PURPOSES TO ENSURE THAT COMPETITIVE, MARKET BASED RANGES ARE IN PLACE. FOR THE CEO, COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND A CEO COMPENSATION SALARY SURVEY IS OBTAINED AND RESEARCH IS PERFORMED TO ENSURE COMPENSATION LEVELS ARE COMPETITIVE. Form 990, Part VI, Line 19 Required documents available to the public Governing documents and conflict of interest policies are not made available to the public. Annual reports containing financial results for the last two fiscal years are provided on SAFE's website. Complete audited financial statements are also provided on the company's website annually. Lastly, SAFE's regulatory 5300 call reports are filed quarterly and are available to the public via NCUA's website. Form 990, Part VIII, Line 2f Other Program Service Revenue Securities and insurance fees - Total Revenue: 5973654, Related or Exempt Function Revenue: 5917295, Unrelated Business Revenue: 56359, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;