At State Employees', financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our strong financial position, which reflects our commitment to providing you with reliable services and support. With a
net worth of $5,446,832,560, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our
net worth ratio of $971 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$13,895,511,732 in share certificates and
$15,232,786,618 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our financial strength is also showcased by
$133,577,509 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With
$193,516 in used auto loans and
$34,904,944,116 in total loans and leases, our lending capacity supports your financial goals across various sectors. Although our
net income stands at
$0, reflecting a period of operational efficiency, it positions us well to continue offering competitive loan rates and solid financial products tailored for you. We take pride in having
7,729 full-time employees and
529 part-time employees dedicated to serving you with a knowledgeable team ready to assist with your needs. Net Shares (Funds available for lending and investments):
$574,556,810. This signifies our ability to support your aspirations effectively. The number of Total Share Accounts stands at
5,850,875, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, State Employees' is your trusted partner. Visit us at 2700 Macedonia Rd Cary Nc 27518 or call (919) 325-1257 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results.