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May 15, 2023   •   News   Press Release  

SAFE Recommits Support for Homeless Veterans with $20,000 grant

Folsom, Calif. (May 16, 2023) – For the second year, SAFE Credit Union is granting funds to one of the only remaining Sacramento area organizations providing transitional housing for veterans experiencing homelessness.

The credit union is awarding $20,000 to Volunteers of America Northern California and Northern Nevada. The nonprofit plans to use the grant to help fund its Transitional Housing Program providing shelter and resources for up to 80 veterans each night.

“Ours is one of the only transitional housing programs left in the Sacramento area and it aims to provide dignified housing, employment services, case management and other tools to veterans who would otherwise be homeless,” says Volunteers of America CEO Christie Holderegger.

Volunteers of America Northern California and Northern Nevada CEO Christie Holderegger

Volunteers of America Northern California and Northern Nevada CEO Christie Holderegger

“As an organization we cannot do it alone and to have such a reliable source of support in SAFE Credit Union makes a huge difference,” Holderegger continues. “We also appreciate the fact that the grant committee and SAFE as a whole care deeply for veterans and their journey to becoming self-sufficient.”

SAFE has a proud history serving and supporting members of the military and veterans. The credit union opened in 1940 as the Sacramento Air Depot Federal Credit Union. Each spring, SAFE donates funds through its Community Sustainability Grant program to nonprofits dedicated to assisting veterans.

“We are so fortunate to have such a committed and long-lasting program for veterans in our area and to be able to continue our tradition of veteran support by boosting their endeavors,” says SAFE Credit Union President and CEO Faye Nabhani.

SAFE Credit Union President and CEO Faye Nabhani

SAFE Credit Union President and CEO Faye Nabhani

Volunteers of America provides shelter, housing and supportive services to 3,500 individuals and families every night. 

Last year, SAFE awarded $10,000 to support Volunteers of America’s financial education sessions for homeless veterans seeking new employment.

“One of the areas Safe Credit Union has helped us continue developing is soft skills when it comes to personal finances,” says Volunteers of America Vice President of Development Ana Bankert. “This is a space we hope to continue to grow in.”

SAFE annually awards up to $120,000 in grants in four phases focusing on its three pillars of philanthropy: veterans, healthcare, and education. For more information on SAFE Credit Union’s grants program visit here or go to

Volunteers of America Transitional Housing resident Gunny

Volunteers of America Transitional Housing resident Gunny

In addition, SAFE this year is awarding a $10,000 grant to Rancho Cordova's Soil Born Farms for its “farm to wellness” programs offering job training and therapeutic experiences to veterans working on its 55-acre American River Ranch farm.

For more information email [email protected].

About SAFE

SAFE Credit Union has made members an integral part of its vision since 1940. Over the years the credit union has kept the focus on what really matters, putting members first, a formula that has seen SAFE grow into a leading financial institution in Northern California with $4.5 billion in assets and about 234,000 members. SAFE crafts every cutting-edge product and sterling service with members’ needs foremost in mind. In addition to banking services conveniently available through online, chat, mobile, or phone options, SAFE offers in-person services for members and small businesses at service centers across the Greater Sacramento region. SAFE is a not-for-profit, state-chartered credit union with membership open to businesses and individuals living or working in Sacramento, Placer, Yolo, El Dorado, Sutter, Butte, Nevada, Solano, San Joaquin, Contra Costa, Yuba, Amador, and Alameda counties. Insured by NCUA.

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