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It currently has two locations serving 9,723 members. AFL–CIO Employees FCU has assets of $76 million. [1] [2] The most current annual report lists assets for Fiscal Year ending December 31, 2015, as $53.6 million. [3] The economic downturn of 2008 negatively affected the credit union with large losses in the first half of the year. [4]
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.
The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] 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.
The complete list now includes nearly 40 counties.
President & CEO Dave Sweiderk was compensated more than $1.4 million, while 6 other executives and highest-paid employees had total compensation packages in excess of $500,000 each. Salaries and wages for all other employees of the credit union totalled $23.9 million. [23]
In 1975, a new courthouse was built; [4] the historic courthouse is now the home of the Cabarrus County Veterans Museum [5] and the Cabarrus Arts Council. [6] It is located in the South Union Street Courthouse and Commercial Historic District. Cabarrus County has constructed four courthouses since the creation of the county in 1792.
Located in the district are the Elks Hall (c. 1905), former Town Hall (c. 1885), G. W. Patterson Wholesale Grocery (c. 1890), Pythian Building (c. 1903), Watch Repair Shop (early 1930s), and former Cabarrus Savings Bank (1923-1924). Also in the district is the separately listed former Cabarrus County Courthouse. [2]
Aug. 29—About 107 years after it originally started in downtown Albert Lea, Leutholds is expected to return to the heart of the city in November. Bill and Paula Hertling took over the men's and ...