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By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members. This made State Employees' the second largest credit union in the United States in terms of assets and membership. Total membership ...
Merchants Insurance Group was founded on March 5, 1918, the day Merchants Mutual Liability Company opened for business with Urban F. Jehle as President. Mr. Jehle, owner and operator of a grocery store in Buffalo, returned from a grocers’ convention with the idea of bringing merchants together for the mutual protection of their delivery vehicles.
In May, 2022, First Merchants Bank was voted 4th in "Great Employers to Work for in Indiana" by the Best Companies Group. [14] Additionally, First Merchants Bank was listed as one of the “Best Places to Work in Indiana” by the Indiana Chamber of Commerce in 2018 for Major Companies with 1,000+ employees [15] and again in 2019. [16]
The NCUA also insures some state-chartered credit unions while others might be covered by private deposit insurance. No credit union member has ever lost money in a federally insured account at a ...
Merchants National Bank headquarters in Indianapolis in 1988. Merchants National Corporation (MNC) was an Indianapolis-based statewide bank holding company that was one of the largest Indiana-based financial institutions at the time it was acquired by Ohio-based National City Corporation in 1992.
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 ...
In 2009, State National entered into an exclusive relationship with CUNA Mutual to provide collateral protection insurance in the credit union marketplace. [9] The partnership created the company's largest one-year increase into the credit union market. [1] In June 2014, the two companies renewed their alliance in a contract valid through July ...
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]