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Annual Report

See our 2025 highlights and learn more about our most recent annual report.

Hear from our leadership

Learn more about SECU’s progress over the past year from our leadership team.

Leigh Brady headshot

President & CEO Leigh Brady

Read Leigh Brady’s review of the past fiscal year ending June 30, 2025, including what SECU has accomplished to benefit our cooperative's more than 2.9 million member-owners.

Mona Moon

Board Chair Mona Moon

SECU Chair Mona Moon reports on the SECU difference and how the Credit Union continues to exemplify its philosophy of People Helping People® through its products and services.

Different from the start

To our valued member-owners, what began in 1937 continues today because it’s always been about you.

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Our beginning

SECU was founded on June 4, 1937, in Raleigh. It started with 17 members and $437 in deposits.

1938 through 2024 icon

Continued growth and commitment

Decade over decade, SECU expanded and innovated its products and services, demonstrating a steadfast commitment to its members and communities.

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Thriving for a better future

With 2.9 million members, $56 billion in assets, award winning products, and impactful community initiatives, SECU is still making a difference.

Employees doing service work

Making a difference for our communities

SECU goes beyond financial services, strengthening North Carolina communities through education, volunteerism, disaster relief, and the member-funded SECU Foundation’s statewide support. 2025 highlights include:

  • Held 1,400 financial education sessions, awarded hundreds of youth scholarships, and hosted events like Shred Days and a statewide Toy Drive.

  • Participated in community support events including Habitat for Humanity® building projects, blood drives, Special Olympics, and more.

  • Responded to Hurricane Helene with member assistance, supply drives, and nearly $9M in SECU Foundation disaster relief funding.

  • Supported community development across the state through SECU Foundation, totaling over $328M in contributions since 2004.

Financial summary

SECU continues to thrive as a trusted steward of members’ money, delivering strong results and exciting new offerings. Assets reached $56 billion, deposits grew $4 billion, and our loan portfolio steadily expanded. Members embraced our new rewards credit cards, driving a 127% jump in accounts and $165 million in new credit lines. Disciplined expense management, clean audits, and positive regulatory exams showcase SECU’s commitment to financial strength and soundness.

membership growth chart from 2.6 million in 2021 to 2.94 million in 2025

Previous reports

Find last year’s annual report and other prior publications.

$56 billion
in assets
2.9 million
members
275
branch locations
1,100
ATMs