State Employees' Credit Union

As a not-for-profit cooperative, State Employees' Credit Union operates solely for the benefit of its membership. Member benefits are typically measured by the cost of financial services provided; by the range of financial products offered and by the convenience of access to those services and products. The credit union way is to continually invests and reinvest in member service. As a federally insured, state-chartered financial institution, State Employees' Credit Union is obligated to meet the rigorous requirements of a highly regulated industry. Safety and soundness in all operations are paramount. As a fiduciary on which membership relies, State Employees' Credit Union must be operated with unquestionable fidelity to the principles of honesty, integrity, prudence and equity. State Employee Credit Union strongly believes that in order to build a sound organization you need the support of the members and community. They truly believe that their credit union organization was built on the principle of "People Helping People." The membership always comes first at the Credit Union! State Employees’ Credit Union, is a not-for-profit financial cooperative owned by its members, it was founded June 4, 1937, with 17 members and $437 in assets. It was initially operated on a part-time basis from the basement of the Agriculture Building in Raleigh. Over the years, State Employee Credit Union has grown in services, membership, and assets. As of March 2012, SECU serves 1.7 million members with just under $25 billion in assets, six Contact Centers open 24/7, a voice response telephone service and an interactive website.