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Financial institutions
LiveCredit unionsUnited States

State Employees Credit Union

State Employees' Credit Union (SECU) is the second-largest credit union in the United States, primarily serving North Carolina state employees and their families. With over $60 billion in assets and 3 million members, it provides a consumer-focused alternative to traditional banks by returning value through lower fees and interest rates. The institution offers a full range of personal financial products including deposit accounts, investments, and mortgage lending.

Last verified today
What it offers
  • Members can open checking accounts that earn a 0.10% APY.
  • Individuals can apply for home loans which have received a 5-star rating for rates and fees from NerdWallet.
  • Users can access a variety of financial products including investment accounts, youth accounts, and diverse loan options.
  • State employees can manage their finances through a modernized core processing infrastructure designed for efficient member service.
Standout features
Consumer-only focus without large commercial banking servicesMember-owned cooperative structureTiered asset-based membership of over 3 million individualsMortgage products with competitive APR spreads
Fees and rates

$1 monthly fee for checking. The checking account carries a $1 monthly fee and offers a 0.10% APY, though minimum deposit requirements are not disclosed.

Background

Founded in 1937, SECU was established to serve the membership base of North Carolina state employees and their families.

What's new
  1. 2026-09-14New profile

    State Employees Credit Union added to the directory

    State Employees' Credit Union (SECU) is the second-largest credit union in the United States, primarily serving North Carolina state employees and their families. With over $60 billion in assets and 3 million members, it provides a consumer-focused alternative to traditional banks by returning value

    nerdwallet.com
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