State ECU

State ECU (also known as State Employees Credit Union of New Mexico or SECU New Mexico) is a federal not-for-profit[2] credit union headquartered in Santa Fe, New Mexico. As of 2019, State ECU has $569 million in assets, over 48,000 members, and eight branches in the New Mexico.[3] Deposits by the members are regulated and insured by National Credit Union Administration (NCUA) under latter's western region jurisdiction.[4][5]

State Employees Credit Union of New Mexico
State ECU
TypeCredit union
IndustryFinancial services
Founded1958
HeadquartersSanta Fe, New Mexico
Number of locations
8 (2020)
Area served
New Mexico
Key people
Harold Dixon
(President & CEO)
ProductsSavings; checking; consumer loans; mortgages; credit cards; investments; online banking
RevenueIncrease $31 million (2019)[1]
Total assetsIncrease $569 million (2019)[1]
Ownersmembers
Number of employees
178
Websitesecunm.org
stateecu.com

History

State Employees Credit Union was formed in 1958 to serve the following counties of Bernalillo, Doña Ana, Rio Arriba, Sandoval, Santa Fe, San Miguel, or Valencia.

In 2016, it got a new logo and a shortened name -"State ECU"; to distinguish itself from other states' SECUs.[6][7]

Community support programs

To overcome the on-going COVID-19 pandemic in New Mexico, State ECU created the State ECU Covid Relief Fund to support local businesses and nonprofits.[8][9]

References

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