SECU risk score

State Employees Credit Union (SECU) is a distinguished financial services institution headquartered in Raleigh, North Carolina. Established to serve state employees, SECU has grown to support a broad membership base, which includes employees of the state of North Carolina, their families, and other eligible members. The credit union is renowned for its commitment to providing secure, comprehensive, and cost-effective financial solutions tailored to the needs of its members.

SECU offers a wide range of services, including checking and savings accounts, personal and auto loans, mortgages, and investment products. In addition to traditional banking services, SECU is dedicated to providing financial education to its members, empowering them to make informed financial decisions. The credit union's approach to banking is community-oriented, focusing on the financial well-being of its members rather than profit.

Operating under the regulatory oversight of major financial authorities, SECU ensures compliance with applicable laws and regulations to protect its members' interests. This includes adherence to stringent security protocols and privacy policies to safeguard personal financial information and transactions.

As a credit union, SECU's operational philosophy is rooted in the principles of equity and mutual benefit. Profits are returned to members through lower loan rates, higher savings yields, and fewer service fees. This commitment to member benefits supports SECU's mission to improve the economic and social condition of all members.

Despite challenges in the financial industry, SECU maintains a robust security posture to prevent breaches and protect sensitive member data. There have been no significant security incidents reported, reinforcing its reputation as a secure and trustworthy financial institution.

Whether providing loans for home purchases or offering financial planning services, State Employees Credit Union remains focused on serving its members' needs, maintaining its role as a vital financial partner to thousands of North Carolinians.