Photo Release -- SECU and City of Greenville Share Goal of Revitalizing Communities
December 19, 2014 11:04 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Dec. 19, 2014 (GLOBE NEWSWIRE) -- Property bordering Colonial Avenue and White Street in Greenville, North Carolina drew the attention of local media and neighboring citizens Thursday...
SECU "Stress Testing" Results Positive in All Scenarios
December 12, 2014 15:47 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Dec. 12, 2014 (GLOBE NEWSWIRE) -- North Carolina State Employees' Credit Union has just completed its internal 2014 financial stress testing using Federal Reserve-based protocols and...
SECU's Allowance for Loan Loss Reserves Confirmed as Strong at $200 Million+
November 18, 2014 15:40 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Nov. 18, 2014 (GLOBE NEWSWIRE) -- SECU, the $29 billion not-for-profit financial cooperative manages a $16 billion loan portfolio of high quality with strong loss reserves available as...
CliftonLarsonAllen, LLP Confirms SECU Risk Based Net Worth & Liquidity Coverage
November 13, 2014 17:47 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Nov. 13, 2014 (GLOBE NEWSWIRE) -- State Employees' Credit Union (SECU) recently engaged CliftonLarsonAllen, LLP (CLA), a national accounting and professional services firm, to review...
KPMG Study Finds SECU Deposits Stable Through All Rate Cycles
November 04, 2014 15:15 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Nov. 4, 2014 (GLOBE NEWSWIRE) -- With the heightened regulatory focus on capital planning and stress testing, the $29 billion State Employees' Credit Union (SECU) has asked KPMG, a...
No Stress on Test at SECU
October 24, 2014 16:13 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Oct. 24, 2014 (GLOBE NEWSWIRE) -- With new complex "Stress Tests" on the horizon for credit unions, State Employees' Credit Union has added another independent, external validation...
Photo Release -- Over 1,200 Member-Owners Turn Out for SECU Annual Meeting!
October 24, 2014 09:31 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Oct. 24, 2014 (GLOBE NEWSWIRE) -- Over 1,200 State Employees' Credit Union (SECU) member-owners from across the State made the trek to Greensboro, N.C. for the cooperative's Annual...
Concerned With the New Risk-Based Capital Requirements? SECU is Already There!
October 20, 2014 18:09 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Oct. 20, 2014 (GLOBE NEWSWIRE) -- As credit unions await a new risk-based capital proposal from the NCUA, State Employees' Credit Union has just concluded a high level, independent,...
Photo Release -- State Employees' Credit Union Hosts Chinese Business Delegation
October 20, 2014 17:29 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Oct. 20, 2014 (GLOBE NEWSWIRE) -- A business delegation from China's southwest city of Chengdu made a stop at North Carolina State Employees' Credit Union (SECU) today to learn more...
Update: SECU Adopts Capital Plan To Meet New NCUA Guidelines
October 14, 2014 18:24 ET
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State Employees' Credit Union (SECU)
RALEIGH, N.C., Oct. 14, 2014 (GLOBE NEWSWIRE) -- The following is an amended version of the press release previously issued by SECU.
With revised credit union capital plans and pending stress tests...