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 your trust is earned through our commitment to sound financial practices and transparency. Sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results, our performance metrics reflect a robust foundation. 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 footing is further underscored by our
net worth ratio of $971, which demonstrates a capital base that ensures we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. We prioritize the security of our members' savings. With
$13,895,511,732 in share certificates and
$15,232,786,618 in money market shares, we provide stable and rewarding financial growth opportunities. Unlike traditional banks, we focus on you the member. Our resources are dedicated to benefiting you directly; currently, we have
$0 in non-member deposits that help strengthen our offerings. With
$133,577,509 in undivided earnings, we continually reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to lend is impressive; we currently hold
$193,516 in used auto loans and
$34,904,944,116 in total loans and leases, ensuring that your financial goals across various sectors are supported. Our operational efficiency shines through with a reported
net income of $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 who are ready to assist you with any needs or questions you may have. Finally, our net shares amount to
$574,556,810, representing funds available for lending and investments. We also boast a growing member base with a total of
5,850,875 share accounts an affirmation that more people trust 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 474 Pinehurst Ave Southern Pines Nc 28387 or call (910) 692-4013 to learn more about how we can help you achieve your financial goals.