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Routing Number: 253177049
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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. Assets, 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:

 July 2024July 2025ChangeAdditional information
Assets1$56.3 billion$56.6 billion↑ $0.3 billion 1% Growth
Loans$34.2 billion$36.4 billion↑ $2.2  billion7% Growth
Deposits$46.1 billion$51.1 billion↑ $5.0 billion11% Growth
Capital$5.37 billion$5.68 billion↑ $302 million6% Growth
Loans/deposits75%72%3% lowerN/A
Loans charged off0.63%0.57%0.06% lowerMember loan losses have remained at less than 1%.
3+ Month Delinquency21.13%1.23%0.10% higherLoan delinquencies have risen as members experience financial difficulties.
Additions to Capital Reserves during the 12-Month Period$249 million$302 million$53 million higherContributions to capital reserves increased slightly from last year. SECU continues to maintain substantial reserves and meet regulatory requirements.
Expenses to assets2.13%2.13%No changeOperating expenses held flat compared to last year, demonstrating SECU’s continued commitment to efficiency and sound financial stewardship.

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.

 

1. Asset balance in July 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.

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  1. Asset balance in June 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.