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. Our commitment to providing you with trustworthy services is reflected in our robust financial standing. 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 is further highlighted by our
net worth ratio of $971, demonstrating a solid capital foundation. This 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 are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our financial strength is also evident in our
$133,577,509 in undivided earnings. We reinvest these earnings into 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 reflected in our
$0, which enables us to continue offering competitive loan rates and solid financial products for our members. Additionally, we take pride in having
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. Total Share and Deposit Accounts:
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 3101 Wake Forest Rd Raleigh Nc 27609 or call (919) 839-5018 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.