Skip to main content
NC Flag blowing in the wind

About Us

Welcome to State Employees’ Credit Union. Learn about how we started and the work we are doing to make a difference for our members and communities across North Carolina.

member service representative talking to a couple

Our story

State Employees’ Credit Union (SECU) is a member-owned not-for-profit financial cooperative formed in 1937 with just 17 members and $437 in deposits. For over 85 years, SECU has provided financial products, services, tools, and resources designed to help members make better decisions about their money and meet their financial goals.

As the trusted financial services provider for our nearly 2.8 million member-owners, we are dedicated to helping them achieve a better quality of life. Our goal is not only to support the long-term success of our members, but to help make a meaningful impact on the friends, families, and neighbors that make up the communities we serve.

community members talking and interacting

Our impact

Empowering 2.8 million members
As the second largest credit union in the United States, we currently serve nearly 2.8 million members through 275 branch offices and over 1,100 ATMs.

Changing lives everyday
With a presence in all 100 North Carolina counties, we recognize the many challenges faced by our members and the people of our state, including financial literacy, predatory lending, affordable housing, and teacher recruitment and retention. In addition to SECU’s efforts, SECU Foundation initiatives have allowed the Credit Union and our members to demonstrate the cooperative’s People Helping People® philosophy in a powerful and profound way.

Evolving for a brighter future
We are diligently working to expand our financial products, services, and digital channels to best support our members and their evolving financial needs.

Our history

Check out some of our notable moments along the journey since 1937.

  • 1937
    • Our beginning
    • SECU was founded on June 4, 1937, in Raleigh. It started with 17 members and $437 in deposits.
  • 1973
    • Education focused
    • SECU and College Foundation, Inc., worked together to provide financial aid to students who were SECU members.
  • 1982
    • CashPoints®
    • SECU unveiled its very first CashPoints ATM.
  • 1989
    • Support first-time homebuyers
    • SECU initiated a 100% mortgage program for first-time homebuyers.
  • 2004
    • SECU Foundation
    • SECU Foundation was established to support high-impact projects in housing, education, healthcare, and human services to promote local community development.
  • 2007
    • Empowering 100,000 youth
    • FAT CAT®, SECU’s program to educate young members 12 and under on money management, surpassed 100,000 members.
  • 2019
    • SECU goes mobile
    • The SECU Mobile App was launched to provide members secure and convenient mobile access to financial services.
  • 2024
    • Thriving for a better future
    • With nearly 2.8 million members, $55 billion in assets, 275 branch locations, and over 8,000 dedicated employees, SECU continues to grow and serve our members and communities.
SECU Board members

Meet our Board

The Board of Directors is SECU’s policy-making body. It comprises 11 members who meet monthly and serve the organization without compensation.