On Monday, September 7th, Credit Union branches will be closed in observance of Labor Day. During this time, Member Access, SECU Mobile App, Voice Response, and CashPoints® ATMs will be available. If you need assistance, please contact Member Services Support at (888) 732-8562.
SECU Financial Status
Review our 12-month financial summary.
2026 monthly financial summary
State Employees’ Credit Union (SECU) remains in strong financial condition. Assets, loans, capital, and deposits grew over the past twelve months. SECU members benefited from solid financial results which continue to provide for a safe and sound institution.
Below is a summary of some of the financial highlights over the past twelve months:
July 2025
July 2026
Change
Additional information
Assets
$56.6 billion
$60.3 billion
↑ $3.7 billion
6% Growth
Loans
$36.4 billion
$38.5 billion
↑ $2.1 billion
6% Growth
Deposits
$51.1 billion
$54.1 billion
↑ $3.0 billion
6% Growth
Capital
$5.68 billion
$6.12 billion
↑ $447 million
8% Growth
Loans/deposits
72%
72%
-
N/A
Loans charged off
0.57%
0.58%
0.01% higher
Member loan losses remained at less than 1%.
3+ Month Delinquency1
1.23%
1.30%
0.07% higher
Loan delinquencies have risen but remain manageable.
Additions to Capital Reserves during the 12-Month Period
$302 million
$447 million
$145 million higher
Contributions to capital reserves increased from last year. SECU continues to maintain reserves to support asset growth and meet regulatory requirements.
Expenses to assets
2.13%
2.08%
0.05% lower
The operating expense ratio decreased due to lower growth in expenses.
SECU remains safe and sound. Deposits held at SECU are insured by the National Credit Union Administration (NCUA).
We will continue working to help you with your financial goals, and thank you for the opportunity to serve you.
SECU Financial Statements are available upon request at your local branch.
Additional information is available in our Annual Reports.
