Business Banking & Commercial Services
At State Employees', we understand that every business has unique needs and goals. Whether you're a startup looking to launch your dream or an established company aiming to expand, our business banking and commercial services are designed to support your journey. Imagine having the financial backing to purchase new equipment, hire additional staff, or even open a new location. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses. Additionally, our merchant services simplify transactions for you and your customers. From accepting payments seamlessly to managing cash flow efficiently, we provide tools that help you focus on what matters most growing your business. Visit us at 1108 Fayetteville Rd Raeford Nc 28376 in Raeford, NC or call us at (910) 875-4100 to learn more about how we can help you thrive!
Financial Strength
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 understand that in today's world, you need a financial partner that you can trust. That's why we're committed to maintaining robust financial health, ensuring that you can always rely on us for your banking needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. 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 9.71% 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 is impressive; with $193,516 in used auto loans and $34,904,944,116 in total loans and leases, we're here to support your financial goals across various sectors. Our performance is backed by our operational efficiency reflected in our $2,145,244. This enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 7,729 full-time employees and 529 part-time employees who ensure our branches are always ready to serve you with a knowledgeable, committed team. Our net shares amount to $574,556,810, which indicates the funds available for lending and investments. With a total of 5,850,875 share accounts, it's clear that more members are choosing State Employees' as their trusted financial partner. 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 1108 Fayetteville Rd Raeford Nc 28376 or call (910) 875-4100 to learn more about how we can help you achieve your financial goals.
