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February 13, 2024   •   News   Press Release  

SAFE Cuts Several Discretionary Fees for Members

Folsom, Calif. (Feb. 13, 2024) – Illustrating its commitment to putting its members first in 2024, SAFE Credit Union is eliminating several fees.

Banking fees recently eliminated include fees for notary services, as well as paper statement and certain check fees ranging individually from $2 to $30.

With ongoing inflation, the new fee cuts help the credit union’s members reduce costs and red tape when getting their banking needs met, explains SAFE Credit Union Senior Vice President for Member Services and Operations Gina Olson.

“We hope the eliminations help make our members’ overall experience of banking with SAFE more convenient and friendly while helping them save some out of pocket costs,” she says.

SAFE Credit Union Senior Vice President Member Services and Operations Gina Olson

SAFE Credit Union Senior Vice President Member Services and Operations Gina Olson

One of the most noted fees to be eliminated is the fee for members to obtain notary services in branches. “We see this as an added benefit of being a SAFE member and we are pleased to offer this important service at no cost to our members,” Olson says. “Notary services in California can cost upward of $15 per signature on a document, so this is a real benefit and value for our members.”

SAFE also eliminated the paper statement fee if certain account conditions were not met. Now, all paper statements will be provided at no cost to members no matter each member’s account status.

“We want to ensure that people have access to their account information easily and without any hassle,” Olson says. “We listened to our members who prefer to get their statements in the mail and are giving them what they want.”

Other fees eliminated also include those for address locator fees when members new addresses are not readily available, branch photocopy and statement printing services, as well as SAFE’s official check exchange and refund/replacement fees.

SAFE Credit Union's newest branch in West Roseville.

SAFE Credit Union's newest branch in West Roseville.

“All of these changes reflect our commitment to help our members build financial freedom and create a positive experience for them,” Olson continues.

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 $4.7 billion in assets and about 236,000 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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