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SECU Financial Status
Review our 12-month financial summary.
2025 monthly financial summary
State Employees’ Credit Union (SECU) remains in strong financial condition. Loans, capital, and deposits grew over the past twelve months. In addition, delinquencies and loan charge off levels have improved. 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:
October 2024
October 2025
Change
Additional information
Assets1
$57.9 billion
$57.4 billion
↓ $0.5 billion
1% Decline
Loans
$34.6 billion
$36.9 billion
↑ $2.3 billion
7% Growth
Deposits
$47.5 billion
$51.6 billion
↑ $4.1 billion
9% Growth
Capital
$5.42 billion
$5.79 billion
↑ $371 million
7% Growth
Loans/deposits
74%
72%
2% lower
N/A
Loans charged off
0.63%
0.59%
0.04% lower
Member loan losses have remained at less than 1%.
3+ Month Delinquency2
1.41%
1.31%
0.10% lower
Loan delinquency remains stable, reflecting consistent member performance.
Additions to Capital Reserves during the 12-Month Period
$177 million
$371 million
$194 million higher
Contributions to capital reserves increased from last year. SECU continues to maintain substantial reserves and meet regulatory requirements.
Expenses to assets
2.14%
2.13%
0.01% lower
The operating expense ratio decreased slightly 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.
