Vernon Powers, Chairman
Message from the Chairman
Welcome to Safe 1 Credit Union. I am proud to serve as Chairman of the Board. Our credit union is a member-owned cooperative financial institution. Although we offer many services that a bank may offer, we are not a bank, we are owned by our members. What does this mean to our members? It means that our focus is to provide superior service to members, not to generate profits for stockholders. We return all profits to members in the form of higher savings rates, lower loan rates, lower fees, and/or improved member service.
I previously served on the Board of Chevron Valley Credit Union for nearly 33 years. In 2017, our two credit unions merged, creating a stronger institution able to provide more convenient locations and expanded service offerings. I feel honored to now serve as Chairman of Safe 1 Credit Union, rated as one of the healthiest credit unions in the nation, by depositaccounts.com, an independent ratings agency.
All of the Directors and Committee members of Safe 1 Credit Union are unpaid volunteers. They are credit union members who donate their time to serve because they believe that our credit union can improve the lives of our members. As Chairman, I can assure you that the Board of Directors will continue to build a strong local institution dedicated to providing a safe place for members to save and borrow. After all, we are all neighbors and we are in this together. Safe 1 Credit Union is truly where membership matters.