State Employees Credit Union

State Employees' Credit Union
Company typeCredit union
IndustryFinancial services
FoundedJune 4, 1937; 87 years ago (1937-06-04)
HeadquartersRaleigh, North Carolina, U.S.
Key people
Leigh Brady (CEO)
ProductsSavings; checking; consumer loans; mortgages; credit cards; investments; online banking; insurance
Total assetsDecrease $49.6B USD (June 2023)[1]
Number of employees
8,000[2]
Websitencsecu.org

State Employees' Credit Union (SECU) is an American state-chartered credit union headquartered in Raleigh, North Carolina regulated under the authority of the Credit Union Division of the North Carolina Department of Commerce. SECU member deposits are insured by National Credit Union Administration (NCUA) of the U.S. federal government. SECU is the second largest natural member credit union in the United States, both in asset size and in membership. As of June 30, 2023, SECU has $49.6 billion in assets, over 2.75 million members, and 275 branches with locations in all of North Carolina's 100 counties.[3] SECU operates the no-fee CashPoints automated teller machine network, which is the largest ATM network in North Carolina.[4] Membership in the credit union is primarily limited to employees of the state of North Carolina and their immediate family or the immediate family of current SECU members.[5]

  1. ^ [1] '2023 Annual Report'
  2. ^ [2] '2023 Annual Report'
  3. ^ 2023 Annual Report State Employees' Credit Union website
  4. ^ "State Employees' Credit Union - CashPoints® ATM". www.ncsecu.org.
  5. ^ Membership Eligibility State Employees Credit Union website.