State ECU
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1958 |
| Headquarters | Santa Fe, New Mexico |
Number of locations | 8 (2020) |
Area served | New Mexico |
Key people | Harold Dixon (President & CEO) |
| Products | Savings; checking; consumer loans; mortgages; credit cards; investments; online banking |
| Revenue |  $31 million (2019)[1] |
| Total assets | $569 million (2019)[1] |
| Owners | members |
Number of employees | 178 |
| Website | secunm stateecu |
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 Credit Union Administration (NCUA) under latter's western region jurisdiction.[4][5]
History
[edit]State Employees Credit Union was formed in 1958 to serve the counties of Bernalillo, Doña Ana, Rio Arriba, Sandoval, Santa Fe, San Miguel, and Valencia.
In 2016, it got a new logo and a shortened name - "State ECU", to distinguish itself from other states' SECUs.[6][7]
Community support programs
[edit]To overcome the on-going COVID-19 pandemic in New Mexico, State ECU created the State ECU Covid Relief Fund to support local businesses and nonprofits.[8][9]
References
[edit]- ^ a b 'State Employees Credit Union – causeiq.com/'
- ^ "Credit Unions in the State of New Mexico / State Employees Cu | Santa Fe, NM | Cause IQ profile". www.causeiq.com. Retrieved 2020-10-11.
- ^ "State Employees Credit Union New Mexico". Deposit Accounts. Retrieved 2020-10-11.
- ^ "New Year, New Look for NCUA Regions | National Credit Union Administration". www.ncua.gov. Retrieved 2020-10-11.
- ^ "New Mexico Statutes > Chapter 58 > Article 11 – Credit Unions » LawServer". www.lawserver.com. Retrieved 2020-10-11.
- ^ "It's a New 'State' for New Mexico's State Employees Credit Union". www.bizjournals.com. Retrieved 2020-10-11.
- ^ "State Employees Credit Union Kicks Off the New Year with a New Look". El Diario NY. 2016-01-04. Retrieved 2024-06-04.
- ^ "State Employees Credit Union Raises $21,600 for Eight New Mexico Non-Profits | SantaFe.com". santafe.com. Retrieved 2020-10-11.
- ^ "How NM Companies are Giving Back in Response to Coronavirus". www.bizjournals.com. Retrieved 2020-10-11.