Skip to main content Skip to Sign-In
SECU Logo
Contact Us
Find a Branch and ATM
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.

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 increased but remained manageable. 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:

 May 2024May 2025ChangeAdditional information
Assets1May 2024$56.2 billionMay 2025$56.2 billionChangeSlight declineAdditional informationLess than 1% Decrease
LoansMay 2024$33.8 billionMay 2025$35.9 billionChange↑ $2.1 billionAdditional information6% Growth
DepositsMay 2024$46.3 billionMay 2025$50.7 billionChange↑ $4.4 billionAdditional information10% Growth
CapitalMay 2024$5.35 billionMay 2025$5.59 billionChange↑ $243 millionAdditional information5% Growth
Loans/depositsMay 202474%May 202572%Change2% lowerAdditional informationN/A
Loans charged offMay 20240.70%May 20250.64%Change0.06% lowerAdditional informationMember loan losses have remained at less than 1%.
3+ Month Delinquency2May 20241.04%May 20251.26%Change0.22% higherAdditional informationLoan delinquencies have risen as members experience financial difficulties.
Additions to Capital Reserves during the 12-Month PeriodMay 2024$178 millionMay 2025$243 millionChange$65 million higherAdditional informationContributions to capital reserves increased from last year. SECU continues to maintain substantial reserves and meet regulatory requirements.
Expenses to assetsMay 20242.13%May 20252.21%Change0.08% higherAdditional informationThe operating expense ratio increased due to investment in resources to benefit our members.

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.
 

Disclosures

Related Links

  1. Asset balance in May 2025 reflects the repayment of the short-term borrowing totaling $5.0 billion from the Bank Term Funding Program.
  2. 3+ month delinquency is expressed as a percentage of outstanding loans.