Credit Unions Near Me
National Credit Union Service Organization

STATE EMPLOYEES' CREDIT UNION, NC (NCSECU)

Dec, 31, 2021 — STATE EMPLOYEES' CREDIT UNION, NC (NCSECU) is a federally insured state chartered credit union headquartered in RALEIGH, NC with 273 branch locations and about $51.65 billion in total assets. Opened 85 years ago in 1937, STATE EMPLOYEES' CREDIT UNION, NC (NCSECU) has more than 2.6 million members and employs 7,179 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 253177049
Name:STATE EMPLOYEES' CREDIT UNION, NC
Address:
(Main Office)
119 N Salisbury St
RALEIGH, NC 27603
Phone:(919) 839-5000
Fax:(919) 839-5353
Website:http://www.ncsecu.org
Branches:273 branch locations
Members:2,638,399
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66310
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1937
Last Audited:Jun 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$51,653,024,645
CEO/Manager:James T Hayes
Chairperson:Chris Ayers

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 13,483,550,491
TOTAL INVESTMENTS 11,263,069,854
Loans Held for Sale 0
 
 Real Estate Loans 19,786,602,639
 Unsecured Loans 2,401,288,640
 Other Loans 3,238,416,323
 TOTAL LOANS 25,426,307,602
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -373,013,445
 Land And Building 1,070,346,560
 Other Fixed Assets 163,960,582
 NCUSIF Deposit 418,925,223
 All Other Assets 199,877,778
  TOTAL ASSETS 51,653,024,645
LIABILITIES & CAPITAL:  
 Dividends Payable 6,328,202
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 516,874,287
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,555,701,469
 Regular shares 7,867,986,019
 All Other Shares & Deposits 32,630,063,485
  TOTAL SHARES & DEPOSITS 47,053,750,973
  TOTAL LIABILITIES 47,576,953,462
 Regular Reserve 2,000,000,000
 Other Reserves 1,779,078,320
 Undivided Earnings 296,992,863
  TOTAL EQUITY 4,076,071,183
  TOTAL LIABILITIES, SHARES, & EQUITY 51,653,024,645
INCOME & EXPENSE  
 Loan Income 1,155,299,353
 Investment Income 116,800,556
 Other Income 143,620,562
 Total Employee Compensation & Benefits 594,014,128
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 391,488,805
 Non-operating Income & (Expense) 13,751,858
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,033,564
 Cost of Funds 130,341,022
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 557,302,763
↑ Back to Top

Other Credit Unions

SHAW UNIVERSITY FEDERAL CREDIT UNION
118 E South St
RALEIGH, NC 27601
MOUNT VERNON BAPTIST CHURCH CREDIT UNION
1007 S Roxboro St
DURHAM, NC 27707
NORTH CAROLINA PRESS ASSOCIATION FEDERAL CREDIT UNION
119 N Salisbury St
RALEIGH, NC 27603-1739
CIVIC FEDERAL CREDIT UNION
3600 Wake Forest Rd
RALEIGH, NC 27609
WELCOME FEDERAL CREDIT UNION
10810 Chapel Hill Rd
MORRISVILLE, NC 27560
ELECTEL COOPERATIVE FEDERAL CREDIT UNION
3400 Sumner Blvd
RALEIGH, NC 27616
VISION FINANCIAL FEDERAL CREDIT UNION
214 Pacific Ave
DURHAM, NC 27704
FIRST FLIGHT FEDERAL CREDIT UNION
1815 Kildaire Farm Rd
CARY, NC 27518
R T P FEDERAL CREDIT UNION
384 Davis Dr
MORRISVILLE, NC 27560-6336
LOCAL GOVERNMENT FEDERAL CREDIT UNION
3600 Wake Forest Rd
RALEIGH, NC 27609-7309