State Employees' Credit Union (NC)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.75% | 5-year CD | 60 Months Share Term Certificate 1.85% - Synchrony Bank 60 Month CD |
| 1.00% | 1-year CD | 12 Months Share Term Certificate 1.05% - Ally Bank High Yield 12-Month CD |
| 0.75% | Savings | Share Accounts 1.00% - Ally Bank Online Savings Account |
State Employees’ Credit Union is a North Carolina-based, state chartered credit union, and one of the largest credit unions in the United States. It offers personal banking and loan products, as well as credit card and investment services to its membership, which consists of employees of the state of North Carolina and their employees.
SECU’s personal banking products include checking, savings, Money Market, Certificate, and Individual Retirement accounts. The credit union’s checking account offers a competitive interest rate and comes with a $1 per month maintenance fee that is automatically donated to the SECU Foundation. A debit card, online bill pay, and 50 checks per statement are included for free with the checking account. Education and health savings accounts are available and offer tax incentives on saving money for school and medical costs. SECU’s basic savings account is called a share account and offers a competitive rate of interest and no monthly service charges. The Money Market Share account is similar to the basic share account, but has higher minimum opening deposit and minimum balance requirements. Certificate accounts are available in term lengths ranging from 6 to 60 months and come with fixed interest rates. SECU also provides estate planning, insurance, and investment guidance and planning.
State Employees’ Credit Union online banking provides access to web-based banking services like bill pay, check image viewing, Quicken financial management integration, and transaction history monitoring. SECU has also optimized its website for mobile banking, making it convenient and easy for members to access and manage their accounts via a smartphone or tablet device. The credit union is part of the CashPoint ATM network, which is North Carolina’s largest ATM network.
SECU was founded in 1937 in Raleigh, North Carolina, where its headquarters remain today. The credit union operates hundreds of branches located across the state of North Carolina. Branches offer services like coin sorting, safe deposit boxes, savings bonds, and tax preparation.
Field of Membership Restrictions
Membership in State Employees' Credit Union is open to employees of the state of North Carolina, employees of public boards of education, Federal employees working with the North Carolina government, employees of associations formed for the benefit of state of North Carolina employees, County employees of Social Services, Health, Mental Health and Civil Defense, members of the North Carolina National Guard, and immediate family of current members.
See current membership details
Related Posts
Very happy with this credit union
The products are what really makes it stand out above the rest. They have very low fees for checking accounts and free savings accounts. They have many additional perks for members including free money order purchases for gold members (members over 50), free notary usage, and my personal favorite the free coin to dollar machines. I have saved a substantial amount of money by bringing my change here to be converted rather than going elsewhere and paying 8% or more. Overall I have found this credit union to be very beneficial and the call center customer service is excellent. The customer service at my local branch is good, but employees could at least seem happier. All in all I am very pleased.
Love SECU NC
I have never had any problems with this credit union. They charge $1.00 per month and that is it for checking accounts. Even the NSF charges are small. They also have good loan products and a large presence around North Carolina. Much better then any bank.
Easy to Bank with
The North Carolina State Employee's Credit Union is fairly easy to bank with. I switched my accounts over from a national bank to SECU without an incident. The fee is a $25 dollar deposit to open a savings account and $1 a month for the checking account which goes to local scholarship funds, which helps out the community.
I've never had any issues that arose from them causing errors, and when the checking account gets low they transfer from the savings account with no hassles. You get an email letting you know that it has happened and you can then transfer money quickly and easily over the internet.
Their website can be a bit confusing to navigate at first but you get used to it and now its like second nature.
Over all it is an easy institution to work with.
DONT EVER USE ATM DEPOSIT
Their ATM jammed mid-deposit. I called. THey said someone was on their was to clear the jam, they'd balance the machine and I would have my funds available in a few HOURS. (I was on my way shopping and now couldnt go). They never made the funds available. I called and talked to 4 people who gave me the runaround-should have been deposited when machine was balanced. Money will be held until NEXT WEEK. I have NO money, and no one cares. It is on "hold" until next week. I can'g grocery shop to feed my family. It was all the money I had. No one I spoke to on the phone cared at all that the only money I have is tied up due to their mistake. One rep said it happens regularly-WHAT? How can they hold MY money so my kids have to starve until next week? I'll be leaving this institution.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66310 |
| Year Chartered | 1937 |
| Employees | 5836 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 10.63% |
| Annual Interest Income | $470.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $33.79B$30.84B |
| Loans | Q2 2016vs Q2 2015 | $19.20B$17.42B |
| Deposits | Q2 2016vs Q2 2015 | $30.87B$28.18B |
| Equity Capital | Q2 2016vs Q2 2015 | $2.63B$2.40B |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $224.3MM$209.1MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $293.5MM$265.3MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $9.5MM$9.4MM |
Always verify rates and promotions with the bank or credit union. We are not State Employees' Credit Union (NC); we are a rate comparison website and cannot provide official rates or promotions.
State Employees' Credit Union (NC) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.51% | $25 | - | Traditional IRA | |
| 1.51% | $25 | - | Coverdell Education Savings Account (CESA) | |
| 1.51% | - | - | Health Savings (HSA) | |
| 1.51% | $25 | - | Roth IRA | |
| 1.51% | $25 | - | SEP IRA | |
| 1.00% | - | - | Summer Cash | |
| 0.75% | $25 | - | Share Accounts | |
| 0.75% | - | - | Holiday Cash Club | |
| 0.75% | - | - | FAT CAT Share | |
| 0.75% | $25 | - | Z-Share |
State Employees' Credit Union (NC) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.01% | $250 | - | Money Market |
State Employees' Credit Union (NC) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | - | - | Checking (Share Draft) |
State Employees' Credit Union (NC) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.75% | $250 | - | 48 Months Share Term Certificate | |
| 1.75% | $250 | - | 60 Months Share Term Certificate | |
| 1.50% | $250 | - | 36 Months Share Term Certificate | |
| 1.25% | $250 | - | 18 Months Share Term Certificate | |
| 1.25% | $250 | - | 24 Months Share Term Certificate | |
| 1.25% | $250 | - | 30 Months Share Term Certificate | |
| 1.00% | $250 | - | 6 Months Share Term Certificate | |
| 1.00% | $250 | - | 12 Months Share Term Certificate |
State Employees' Credit Union (NC) has 261 locations. Click to view all State Employees' Credit Union (NC) locations.