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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]
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.
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]
Some of the largest credit unions in the US include the Navy Federal Credit Union, which serves military members and their families, the State Employees' Credit Union (SECU) in North Carolina, and ...
State Employees Credit Union of Maryland (also known as SECU of Maryland or SECU Maryland or SECU MD) is a state-chartered credit union headquartered in Linthicum, Maryland. [3] It is the largest federally-insured credit union in the state [ 4 ] [ 5 ] [ 6 ] and is regulated under the authority of The Office of the Commissioner of Financial ...
As of March 2020, the largest American credit union was Navy Federal Credit Union, serving U.S. Department of Defense employees, contractors, and families of servicepeople, with over $125 billion in assets and over 9.1 million members. [5] Total credit union assets in the U.S. reached $1 trillion as of March 2012. [6]
Credit union members with share accounts in multiple ownership groups will receive up to $250,000 in coverage for each ownership group. The NCUSIF insures the following ownership groups up to ...
[citation needed] In November 1910 the Woman's Educational and Industrial Union set up the Industrial Credit Union, modeled on the Desjardins credit unions it was the first non-faith-based community credit union serving all people in the greater Boston area. The oldest statewide credit union in the United States was established in 1913. [35]
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