Featured Savings Rates
Featured Accounts

State Employees' Credit Union (NC)

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.75%5-year CD60 Months Share Term Certificate
1.00%1-year CD12 Months Share Term Certificate
0.75%SavingsShare Accounts

Overview / Commentary
919-839-5000
119 N Salisbury St
Raleigh, NC 27603

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

Open to the current and retired employees of North Carolina state, public schools, the county departments of mental health, human services, social services, and civil defense, as well as the National Guard members and the household and/or family members of current credit union members.
See current membership details

Related Posts

View all posts from:


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.

Very happy with this credit union

Posted by: JazzyF | Mar 8, 2015

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.

Easy to Bank with

Posted by: ChemGuy | Dec 23, 2015

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.

VIEW MORE REVIEWS

Health
B+

Health Grade Components

Overall
NCUA #66310
Year Chartered1937
Employees5682
Primary Regulator
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD15.68%
Annual Interest Income$235.3MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$33.32B$30.53B
LoansQ1 2016vs Q1 2015$18.65B$16.99B
DepositsQ1 2016vs Q1 2015$30.44B$27.94B
Equity CapitalQ1 2016vs Q1 2015$2.60B$2.34B
Loan Loss AllowanceQ1 2016vs Q1 2015$225.9MM$210.5MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$294.5MM$175.3MM
Real Estate OwnedQ1 2016vs Q1 2015$8.8MM$9.9MM
Rates
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%$250-Money Market

State Employees' Credit Union (NC) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Checking (Share Draft)

State Employees' Credit Union (NC) CD Rates

APYMINMAXACCOUNT NAMEVIEW 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
Locations

State Employees' Credit Union (NC) has 260 locations. Click to view all State Employees' Credit Union (NC) locations.