Have you ever wondered what makes SECU so different? So great? So financially beneficial? Have you ever had
someone else ask you how they too could become a member
of SECU? The word is out . . . SECU offers financial benefits to its members and to all citizens of North Carolina, regardless of
whether they are members of SECU or any other financial institution.
As a member, you benefit from at least one of three ways if not more than one!
LowerRates on Loans - $45,949,4401
in benefits to members
Ownership - Credit unions are democratically controlled and member-owned and operated. Each member has equal ownership and one
vote - regardless of how much money he or she has in savings.
Not-For-Profit - Credit unions are not-for-profit financial cooperatives that provide a safe, convenient place for members to save
money and access loans and other financial services at reasonable rates.
Social Purpose: "People Helping People" - Credit unions exist to serve their members, not to make a profit. Every member
counts, including those of modest means. This “people first” philosophy impels credit unions and their employees to get involved in community and
other worthwhile causes.
Volunteer Leadership - Each credit union is governed by a volunteer Board of Directors, elected by and from the credit union’s members.
Financial Education for Members - Credit unions place particular importance on educational opportunities for their members and
the public to help everyone become better educated consumers of financial services.
NCUA - This independent United States government agency insures the deposits of
credit union members nationwide.
1The financial data comes from The Financial Benefits of Credit Union Membership to Members
of the State Employees’ Credit Union of North Carolina in 2006.
