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State ECU (also known as State Employees Credit Union of New Mexico or SECU New Mexico) is a federal not-for-profit [2] credit union headquartered in Santa Fe, New Mexico. As of 2019, State ECU has $569 million in assets, over 48,000 members, and eight branches in the New Mexico. [3] Deposits by the members are regulated and insured by National ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
A State Employees' Credit Union branch in Hayesville, North Carolina. State Employees' Credit Union was originally incorporated on June 4, 1937 by employees of the State of North Carolina. The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6]
Credit unions' net income declines. GECU has $4.4 billion in assets, largely loans, Rascon reported — up 4.7% from 2022. It has 950 employees, making it a major El Paso employer.
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U.S. Eagle Federal Credit Union is a credit union founded in 1935 in Albuquerque, New Mexico. [1] They have branches in Albuquerque, Farmington , Santa Fe , and Bernalillo . [ 2 ] As of 2020, U.S. Eagle had 79,785 members, 249 employees, and $1.18 billion in assets.
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Nusenda Credit Union is the largest credit union by membership in New Mexico. [1] As of 2020, Nusenda Credit Union had more than $3 billion in assets, more than 220,000 members, and more than 20 branches from Taos to Socorro.