![]() Membership is also open to employees of more than 400 companies located throughout the Midlands and relatives of those eligible to join. Membership is open to anyone who lives, works, worships, or attends school in Sumter, Lee, Kershaw, Clarendon, Florence and parts of Richland and Lexington counties. SAFE Federal Credit Union, founded in 1955, is one of the largest financial institutions based in South Carolina with over $1.7 billion in assets, 135,000+ members, and 18 branches. CAP COM, a Division of Broadview Federal Credit Union, is a nationally-recognized, member-owned credit union that provides a complete range of financial. “On behalf of SAFE’s Board of Directors, we extend our sincerest appreciation for our member’s support in 2022.” “We are delighted to share such a large portion of SAFE’s earnings with our members this year,” said Board Chair, Kay Oldhouser Davis. This year, members also were paid for using their debit card on average, more than 30 times per month. Unlike years past, SAFE extended its giveback criteria to include more than deposits and loans. Loan accounts received a 3.25 percent rebate based on total interest paid in 2022. Deposit accounts were given an 8.5 percent bonus based on dividends collected in 2022. ![]() Payments were calculated based on members’ account usage. “We are delighted to share a portion of SAFE’s net earnings directly with the amazing members who made it possible.” “Thanks to our members, 2022 was a record year for SAFE in many ways,” said President and CEO Michael Baker. Since the program’s inception, the credit union has paid its members more than $37 million in bonus dividends and interest rebates. Professional managers and staff may be compensated, but only one member of the board may be compensated as a board officer.SAFE Federal Credit Union members received annual bonus dividends and interest rebates totaling over $2.16 million-one of the highest givebacks in the credit union’s history.ĭistributed on January 1, the 2023 bonus marked the 26 th anniversary of SAFE’s Member Giveback Program. With the SAFE Mobile Banking App, log in to your account securely from your Android. Board and other committee members serve on a volunteer basis and are charged with acting in the best interests of all members.
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