Skip to main content
SECU Logo
Contact Us
Find a Branch and ATM
Rates & Fees
Lending Rates
Share & Deposit Account Rates
Account & Lending Fees
FAQs
Routing Number: 253177049
branding shapes light blue

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 while delinquency decreased. 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:

 Febuary 2024Febuary 2026ChangeAdditional information
Assets$55.0 billion$59.5 billion↑ $4.5 billion8% Growth
Loans$35.2 billion$37.3 billion↑ $2.1  billion6% Growth
Deposits$49.6 billion$53.4 billion↑ $3.8 billion8% Growth
Capital$5.49 billion$5.92 billion↑ $435 million8% Growth
Loans/deposits72%71%1% lowerN/A
Loans charged off0.63%0.73%0.10% higherMember loan losses have remained at less than 1%.
3+ Month Delinquency11.55%1.40%0.15% lowerLoan delinquency declined, reflecting improved member performance.
Additions to Capital Reserves during the 12-Month Period$182 million$435 million$253 million higherContributions to capital reserves increased from last year. SECU continues to maintain substantial reserves and meet regulatory requirements.
Expenses to assets2.27%2.10%0.17% lowerThe 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.

Related Links

 
  1. 3+ month delinquency is expressed as a percentage of outstanding loans.