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 committed to providing a safe and reliable banking environment where your money can grow. 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. This solid foundation is reflected in our
net worth ratio of $971, which ensures 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 focus on benefiting you through better loan rates, lower fees, and exclusive perks. Our strong position is also supported by
$133,577,509 in undivided earnings. These funds are reinvested in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With
$193,516 in used auto loans and
$34,904,944,116 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is evident as shown by our
$0, enabling us to continue offering competitive loan rates and solid financial products for our members. We are proud to have
7,729 full-time employees and
529 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments):
$574,556,810. Additionally, we have built a strong community with a total of
5,850,875 share accounts, reflecting the trust placed in us by our growing member base. 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 245 Cunningham Rd Franklin Nc 28734 or call (828) 369-3536 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.