Membership in the Credit Union is obtained by opening a share account with a minimum deposit of $25. Deposits consist of shares that have a face value of $5 each. At least five shares must be purchased initially to obtain membership. Only one share is required for initial membership for children under 13 years of age.
Experience the SECU difference
Our member focus means lower fees, smarter borrowing, and more breathing room in your budget. We use member feedback to shape what we do. What began in 1937 continues today, because it's always been about you.
If you’re still unsure about your eligibility, call Member Services Support at (888) 732-8562 or visit your local branch.
Required documentation for membership
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Hear from our members on why they choose SECU.
Frequently asked questions about SECU
Like other financial institutions, a credit union accepts deposits and makes loans, but we are not in business to make a profit.
Most banks and savings and loans are owned by a group of stockholders whose interests include earning a healthy return on their investments. In contrast, credit unions are not-for-profit cooperative financial institutions owned by their members.
To be a member of the State Employees' Credit Union, you must meet the eligibility requirements above.
Yes, immediate family members (spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling, and adoptive relationships) of current members are eligible for SECU membership.
There is no minimum amount required to open a Credit Union Checking Account or earn the stated dividend rate, however a Share Account must be opened before a Checking Account can be established. Once an account is open, sufficient funds must be maintained in the account to cover the $1 monthly maintenance fee and other authorized charges (debits, checks ordered, stop payments placed, etc.).
The Credit Union is committed to offering members low-cost financial services. Fees are subject to change daily and we will provide notice of any changes as required by law or regulation. Our current service fees may be found under Fees.
Member accounts are insured by the National Credit Union Share Insurance Fund (NCUSIF), which is administered by NCUA and insures member deposits in all federal credit unions nationwide as well as in qualifying state-chartered credit unions, such as SECU.
The standard NCUA share insurance coverage amount is $250,000 per share account owner, per insured credit union, for each account ownership category.
You can enjoy the convenience, security, and prompt delivery of your paycheck through direct deposit and avoid the hassle of mailing checks monthly by establishing automatic drafts from your Checking Account.
SECU offers a variety of Visa credit cards that come with convenient benefits and no annual fee. Compare our credit cards and apply today.
To accommodate members who have an urgent need to send money fast, the Credit Union offers Wire Transfer services.
SECU offers Investment Accounts through Credit Union Investment Services, a wholly-owned subsidiary of SECU. Investment advisory services and retirement planning offered through Credit Union Investment Services. Securities offered through SECU Brokerage Services. Member FINRA, SIPC. Securities products are not Credit Union deposits. They are not obligations of or guaranteed by a Credit Union or its affiliates. They are not insured by the NCUA or any federal government agency. Securities products involve investment risks, including possible loss of principal. Investment representatives are also Credit Union employees, who may accept deposits.
