SAFE CREDIT UNION
7025 Eastex Frwy, Beaumont, TX 77706

Total Revenue
$608,043
Total Expenses
$660,214
Net Assets
$1,055,699

Organizations Filed Purposes: SAFE Credit Union is a voluntary, cooperative, nonprofit financial institution established for the purposes of encouraging thrift among its members, creating a source of credit at fair and reasonable rates of interest, providing an opportunity for its members to use and control their own money in order to improve their economic and social conditions, and conducting any other business, engaging in any other activity, and providing any other service that may be of benefit to its members subject to the Texas Credit Union Act and Commission rules adopted thereunder.

Cooperative, nonprofit financial institution providing credit union financial services.

SAFE Credit Union offers share (savings) accounts with advantages to members of all ages. The credit union had 2,080 member-owned accounts as of December 31, 2017. Member savings accounts pay dividends monthly and offer access via multiple avenues such as home banking, the Internet, and phone banking. Special savings accounts designed for Christmas savings encourage the development of consistent savings habits.

SAFE Credit Union provides free share draft (checking) accounts to all members, business accounts, and limited free checks to senior citizens. The credit union had 860 share draft accounts as of December 31, 2017. Additionally, the credit union extends the reach of these accounts to all members with free debit and ATM cards, Internet account access, and the use of the automated phone teller.

SAFE Credit Union provides vehicle and other consumer loans. The consumer loan product line includes efficient underwriting and flexible offerings for recreational vehicles, boats, and motorcycles. Consumer credit life and disability insurance is available on any of these loan types. The credit union originated 386 new loans in 2017.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Molly HandyCEO40$66,718
Kay CarmonPast President40$60,443
Doug CarrierDirector0.1$0
Ed ClarkDirector0.75$0
Leroy HenryDirector0.25$0
Elaine MooreDirector0.75$0
Deborah ScrogginsVice Chair0.75$0
Dolores SennetteDirector0.75$0
Georgine GuilloryChairman1.25$0
Gaylene GaspardSecretary0.75$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201823179349304457_public.xml