2013-05-10T15:00:34-05:00 2012-12-31 CROWE HORWATH LLP 400 Capitol Mall Suite 1200 Sacramento CA 958144434 990 2012-01-01 941179501 SAFE CREDIT UNION SAFE 9169714554 3720 Madison Avenue North Highlands CA 956605024 CHRIS HARRIS 2013-05-10 true Kristin Ficker P01254056 9164411000 2012 2016-02-24 21:20:13Z HENRY W WIRZ 3720 Madison Avenue North Highlands CA 95660 102285686 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. 9 9 582 16 1635960 0 0 0 85198489 90311489 7506413 8180200 2492973 481932 95197875 98973621 272573 324598 9914381 7176347 27285801 32275986 0 0 0 44532716 37469205 82005471 77246136 13192404 21727485 1781163623 1906193997 1609900248 1710326650 171263375 195867347 X 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 12 COUNTIES IN NORTHERN CALIFORNIA. SAFE HAS 21 BRANCHES IN THREE OF THESE COUNTIES: SACRAMENTO, PLACER AND YOLO. SAFE SERVES APPROXIMATELY 163,000 MEMBERS. SAFE OFFERS DEPOSITORY, LENDING AND OTHER FINANCIAL PRODUCTS AND SERVICES TO HELP ITS MEMBERS IMPROVE THEIR FINANCIAL WELL-BEING. AS A NONPROFIT, 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 25,000 ATMS NATIONWIDE, ACCESS TO 2,500 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 , HOLIDAY CLUB 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 BANKING AND TELEPHONE 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, STUDENT LOANS, AND OTHER SECURED AND UNSECURED LOANS. false false true false false false false true false true true false true true true true false false false false false false false false false false true true true false false false false false false false false false false false false false false false true 31139 0 true 582 true true true false false false false false X 9 9 false false false false true true true true true false true true true true true true true true true true false CA X Chris Harris 9169714554 3720 Madison Avenue North Highlands CA 956605024 DONALD HUG 8.00 0.00 X X 0 0 0 JAMES JEFFERSON 7.00 0.00 X X 0 0 0 KATHERN GASKINS 19.00 0.00 X X 1690 0 0 PHILLIP MESERVE 10.00 0.00 X X 1845 0 0 RONALD SEAMAN 15.00 0.00 X X 1594 0 0 BRYAN PEPPERS 6.00 0.00 X 0 0 0 HERB LONG 12.00 0.00 X 793 0 0 JAMES HOPP 7.00 0.00 X 0 0 0 TERRANCE TREMELLING 7.00 0.00 X 778 0 0 CHRIS HARRIS 40.00 0.00 X 236134 0 24246 DAVID ROUGHTON 40.00 0.00 X 422910 0 36337 HENRY WIRZ 40.00 0.00 X 2295644 0 34579 DAVID POPE 40.00 0.00 X 361120 0 33326 SHARON WHITELEY 40.00 0.00 X 401500 0 17690 BRANDI SCHAEFER 40.00 0.00 X 240213 0 9441 CASEY JENKINS 40.00 0.00 X 219473 0 26014 JAYNE ANDERSON 40.00 0.00 X 398679 0 20081 SCOTT BARHAM 40.00 0.00 X 230796 0 24173 VIRGINIA WADE 40.00 0.00 X 285425 0 19469 5098594 0 245356 33 false true false QUEST PO BOX 41039 SACRAMENTO CA 958410039 TELECOMMUNICATIONS 2119612 INTUITDIGITAL INSIGHT PO BOX 515306 LOS ANGELES CA 90051 ONLINE BANKING SERVICES 1685179 RUNYON SALTZMAN & EINHORN INC ONE CAPITAL MALL STE 400 SACRAMENTO CA 95814 PUBLIC RELATIONS/MARKETING 1181584 BRINK'S INC PO BOX 619031 DALLAS TX 75261 ARMORED CAR TRANSPORT 765985 FISERV SOLUTIONS INC 4500 SW RESEARCH WAY CORVALLIS OR 97333 TECHNOLOGY/SOFTWARE 656506 48 0 INTEREST ON LOANS TO MEMBERS 522100 52665134 52665134 ATM AND DEBIT CARD FEES 522100 11828176 10927334 900842 ACCOUNT SERVICE FEES 522100 11769666 11769666 GAIN ON SALE OF LOANS 522100 8463021 8463021 LOAN FEES 522100 2983122 2983122 2602370 2135473 466897 0 90311489 8497842 8497842 0 0 0 0 0 2994423 3312065 0 -317642 -317642 -317642 0 0 0 OTHER NON-INTEREST INCOME 522100 213711 213711 SHARED BRANCH FEES 522100 268221 268221 0 0 0 0 0 481932 98973621 89157461 1635960 8180200 314598 10000 7176347 3863485 21096382 1616195 3555304 2144620 576598 153394 0 100504 880054 1724716 4911394 7546857 3380008 206339 240151 52852 2384493 292227 PROVISION FOR LOAN LOSSES 8812410 LOAN SERVICING EXPENSE 2043817 NCUSIF EXPENSE 1579910 2583481 77246136 0 0 0 218468095 203643924 0 0 948699582 968805922 75074276 40551816 32954727 34522460 488833302 579769000 0 0 14169970 13282009 78037947 106170682 1781163623 1906193997 11864623 12648462 702000 1550000 0 1597333625 1696128188 1609900248 1710326650 X 171263375 195867347 171263375 195867347 1781163623 1906193997 21727485 2876487 0 0 0 0 X false true true false 13245 0 13245 0 13245 true Description of political campaign activities Schedule C, Part I-A, Line 1 SAFE IS A COMMUNITY-BASED CREDIT UNION THAT HAS SIGNIFICANT INTERFACE WITH THE LOCAL, STATE, AND FEDERAL GOVERNMENT OFFICIALS AND ENTITIES. WE PARTICIPATE IN THE POLITICAL PROCESS SO WE HAVE AN OPPORTUNITY TO PROVIDE INPUT ON LEGISLATION THAT AFFECTS CREDIT UNIONS. true 187483539 237364580 55740403 369107716 true 7136755 7136755 30835856 9940565 20895291 3197525 2400626 796899 33904140 28210625 5693515 0 34522460 0 0 OTHER INVESTMENTS 8993536 C AVAILABLE FOR SALE SECURITIES 570775464 F 579769000 LOANS HELD FOR SALE 42855108 ACCRUED INTEREST RECEIVABLE 6336034 SHARE INSURANCE DEPOSITS 16630629 OTHER ASSETS 40348911 106170682 0 MEMBERS' SHARE ACCOUNTS 1691127632 PUBLIC UNIT SHARES 5000556 1696128188 X true KVIE 2030 W EL CAMINO AVE SACRAMENTO CA 95833 941421463 501(C)(3) 31500 ANNUAL SPONSORSHIP OF VIEW FINDER EVENT AND EDUCATIONAL TELEVISION PROGRAMMING SUPPORT AEROSPACE MUSEUM OF CALIFORNIA 3200 FREEDOM PARK DR MCCLELLAN CA 95662 942831253 501(C)(3) 24765 SPONSORSHIP AND SUPPORT OF COMMUNITY-RELATED PROGRAMS UC DAVIS MEDICAL SCHOOL 4900 BROADWAY STE 115 SACRAMENTO CA 95820 946036494 501(C)(3) 18082 SPONSORSHIP OF UC DAVIS STUDENT SCHOLARSHIPS AND PARTICIPATION IN OTHER FUNDRAISING EVENTS. LEED ONE CAPITOL MALL STE 300 SACRAMENTO CA 95814 680287387 501(C)(3) 16675 SUPPORT OF REGIONAL INITIATIVES TO LINK EDUCATIONAL RESOURCES WITH ECONCOMIC DEVELOPMENT ESKATON FOUNDATION 5105 MANZANITA AVE CARMICHAEL CA 95608 680227233 501(C)(3) 16000 SPONSORSHIP OF LOCAL HEALTHCARE EVENTS AND FUNDRAISERS SACRAMENTO COUNTY OFFICE OF EDUCATION PO BOX 269003 SACRAMENTO CA 95826 946002536 GOVERNMENT 10500 SUPPORT OF LOCAL HIGH SCHOOL SCHOLARSHIPS CITY YEAR SACRAMENTO 287 COLUMBUS AVE BOSTON MA 02116 222882549 501(C)(3) 10000 SPONSORSHIP OF LOCAL COMMUNITY AND EDUCATIONAL SUPPORT FOR KIDS THE SOCIETY OF ORATORS LLC 3001 I STREET STE 300 SACRAMENTO CA 95816 371536392 10000 SUPPORT FOR LOCAL COMMUNITY LECTURE SERIES 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 MAKE A WISH OF SACRAMENTO 2800 CLUB CENTER DRIVE SACRAMENTO CA 95835 680027351 501(C)(3) 10000 SUPPORT FOR PROGRAM GRANTING WISHES TO CHILDREN WITH LIFE-THREATENING ILLNESSES SUTTER ROSEVILLE MEDICAL CENTER FOUNDATION 2800 L STREET STE 620 SACRAMENTO CA 95816 680040113 501(C)(3) 10000 SPONSORSHIP OF LOCAL HEALTHCARE EVENTS AND FUNDRAISERS CALIFORNIA CAPITAL AIRSHOW 6900 AIRPORT BLVD SACRAMENTO CA 95837 743212900 501(C)(3) 10000 SUPPORT OF ANNUAL AIRSHOW AMERICAN HEART ASSOCIATION 2007 O STREET SACRAMENTO CA 95811 135613797 501(C)(3) 8624 GO RED FOR WOMEN SPONSORSHIP SACRAMENTO CRIME ALERT 1731 HOWE AVE 215 SACRAMENTO CA 95825 680000551 501(C)(3) 8000 SUPPORT OF PROGRAM FOR COMMUNITY TO REPORT CRIMINAL ACTIVITY TO LAW ENFORMENT UC DAVIS FOUNDATION 1460 DREW AVE SUITE 100 DAIS CA 95618 946081352 501(C)(3) 7500 SUPPORT OF UC DAVIS FOUNDATION AND PARTICIPATION IN FUNDRAISING EVENTS. UCP OF GREATER SACRAMENTO 4350 AUBURN BLVD SACRAMENTO CA 95841 263279530 501(C)(3) 6000 PROGRAM SUPPORT FOR ADULTS AND CHILDREN WITH DEVELOPMENTAL DISABILITIES 15 1 STUDENT SCHOLARSHIPS 10 10000 X X true true X X X X X false true false DAVID ROUGHTON 237877 0 29165 0 155868 0 19750 0 16587 0 459247 0 0 0 CHRIS HARRIS 143752 0 17381 0 75001 0 12699 0 11547 0 260380 0 0 0 HENRY WIRZ 391995 0 10500 0 1893149 0 19750 0 14829 0 2330223 0 943728 0 DAVID POPE 187011 0 28907 0 145202 0 16899 0 16427 0 394446 0 0 0 SHARON WHITELEY 169314 0 24186 0 208000 0 14531 0 3159 0 419190 0 0 0 JAYNE ANDERSON 397560 0 1119 0 0 0 14125 0 5956 0 418760 0 0 0 VIRGINIA WADE 137519 0 16104 0 131802 0 12081 0 7388 0 304894 0 0 0 BRANDI SCHAEFER 239673 0 540 0 0 0 7208 0 2233 0 249654 0 0 0 SCOTT BARHAM 230146 0 650 0 0 0 9602 0 14571 0 254969 0 0 0 CASEY JENKINS 218822 0 651 0 0 0 10422 0 15592 0 245487 0 0 0 Travel for companions Schedule J, Part I, Line 1a BENEFITS TO INTERESTED PERSONS INCLUDES TRAVEL-RELATED EXPENSES FOR THE SPOUSES OF THE BOARD DIRECTORS WHO ARE ATTENDING CREDIT UNION AND FINANCIAL SERVICES INDUSTRY CONFERENCES OR EVENTS. THE FOLLOWING DIRECTORS RECEIVED THIS BENEFIT AND WERE ISSUED A 1099-MISC: 1. RONALD SEAMAN - $1,594 2. KATHERN GASKINS - $1,690 3. PHILLIP MESERVE - $1,845 4. HERB LONG - $793 5. TERRANCE TREMELLING - $778 Health or social club dues or initiation fees Schedule J, Part I, Line 1a SAFE PAYS THE MEMBERSHIP DUES TO LOCAL SOCIAL CLUB FOR ITS CEO. POLICY ON REIMBURSEMENT SCHEDULE J, PART I, LINE 1B 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. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b 1. THE CREDIT UNION PROVIDED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO ITS CEO, HENRY WIRZ, IN WHICH THE COMPENSATION WAS DEFERRED UNTIL AGE 62 AND ACCRUED BY THE CREDIT UNION ANNUALLY OVER AN EIGHT YEAR PERIOD. THE TOTAL AMOUNT OF THE ACCRUED SERP WAS $1,887,415, WAS PAID OUT IN FULL IN 2012, AND TREATED AS FULLY TAXABLE IN 2012. BECAUSE SAFE FILED A GROUP FORM 990 PRIOR TO 2008, THE TOTAL AMOUNT OF DEFERRED COMPENSATION PREVIOUSLY REPORTED ON THE 990 AND SHOWN IN COLUMN F IN SCHEDULE J, PART II ONLY REFLECTS $943,728 INSTEAD OF THE FULL $1,887,415 AMOUNT. 2. THE CREDIT UNION'S EVP/COO, 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 ANNUAL AMOUNT PAID IN 2012 IS $152,176. 3. THE CREDIT UNION'S SVP/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 ANNUAL AMOUNT PAID IN 2012 IS $75,001. 4. THE CREDIT UNION'S SVP/CTO, DAVID POPE, 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 2012 IS $145,202. 5. THE CREDIT UNION'S SVP/CCO, SHARON WHITELEY, 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 2012 IS $208,000. 6. THE CREDIT UNION'S SVP,HR, VIRGINIA WADE, 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 2012 IS $131,802. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D FINANCIAL PLANNING SERVICES, INSURANCE PRODUCTS AND THE PARTICIPATION IN MANY COMMUNITY-RELATED EVENTS AND SUPPORT OF NON-PROFIT ORGANIZATIONS. Classes of members or stockholders Form 990, Part VI, Section A, Line 6 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. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a 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. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b 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. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b PREPARATION OF THE FORM 990 IS COORDINATED THROUGH THE COMPANY'S FINANCE DEPARTMENT AND 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. Conflict of interest policy Form 990, Part VI, Section B, Line 12c ANY INSTANCES OF A CONFLICT OF INTEREST THAT MANAGEMENT BECOMES AWARE OF IS ESCALATED TO THE SVP OF HUMAN RESOURCES, THE CEO AND/OR PRESIDENT. 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 PROCEDURE THAT PROVIDES EMPLOYEES OF SAFE A MEANS OF REPORTING ANY COMPLAINT OR INAPPROPRIATE ACTIVITIES DIRECTLY TO THE SUPERVISORY COMMITTEE OR DIRECTLY TO OUR REGULATOR, THE CALIFORNIA DEPARTMENT OF FINANCIAL INSTITUTIONS. LASTLY, SAFE'S INTERNAL CONTROL STRUCTURE IS DOCUMENTED, REVIEWED AN UPDATED ANNUALLY BY MANAGEMENT AND TESTED BY ITS EXTERNAL AUDITORS. INTERNAL CONTROLS ARE A VITAL PART OF HELPING TO DETECT CONFLICTS OR INAPPROPRIATE ACTIVITY WITHIN THE ORGANIZATION. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a IN 2011, A COMPREHENSIVE COMPENSATION STUDY WAS CONDUCTED WITH A COMPENSATION CONSULTANT ALONG WITH COMPENSATION SOFTWARE CONTAINING DATA FROM MULTIPLE MARKET SURVEYS. IN ADDITION, EACH YEAR OUR COMPENSATION RANGES ARE UPDATED WITH CURRENT MARKET DATA BASED ON POSITIONS AND GRADES AND ADJUSTMENTS ARE MADE AS NEEDED. THIS PROCESS AFFECTS ALL LEVELS OF THE ORGANIZATION. FOR THE CEO POSITION, ADDITIONAL EXECUTIVE COMPENSATION SURVEYS ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND ARE USED FOR COMPARISON PURPOSES TO ENSURE THAT COMPETITIVE, MARKET BASED RANGES ARE IN PLACE. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b IN 2011, A COMPREHENSIVE COMPENSATION STUDY WAS CONDUCTED WITH A COMPENSATION CONSULTANT ALONG WITH COMPENSATION SOFTWARE CONTAINING DATA FROM MULTIPLE MARKET SURVEYS. IN ADDITION, EACH YEAR OUR COMPENSATION RANGES ARE UPDATED WITH CURRENT MARKET DATA BASED ON POSITIONS AND GRADES AND ADJUSTMENTS ARE MADE AS NEEDED. THIS PROCESS AFFECTS ALL LEVELS OF THE ORGANIZATION. FOR THE CEO POSITION, ADDITIONAL EXECUTIVE COMPENSATION SURVEYS ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND ARE USED FOR COMPARISON PURPOSES TO ENSURE THAT COMPETITIVE, MARKET BASED RANGES ARE IN PLACE. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 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 AT ANNUAL MEETINGS AND ARE AVAILABLE ELECTRONICALLY 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.