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 that our financial strength demonstrates our commitment to serving you with reliability and trust. 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. With
$133,577,509 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with
$193,516 in used auto loans and a total of
$34,904,944,116 in loans and leases available. While our recent performance shows a
net income of $0, reflecting our operational efficiency, we also take pride in having
7,729 full-time employees and
529 part-time employees. This dedicated team ensures our branches are always ready to serve you with knowledgeable support. Furthermore, our net shares (funds available for lending and investments) stand at
$574,556,810, with a strong member base reflected in the total share accounts of
5,850,875. This showcases the trust our members place in us to manage their finances effectively. 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 4951 Ne Us 2570 Hwy Marshall Nc 28753 or call (828) 649-0146 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.