The Mount Airy branch of the State Employees’ Credit Union (SECU) recently celebrated its 75th anniversary of serving member-owners.
To mark this milestone, the credit union’s Mount Airy branch recently held a Member Appreciation Day. Other events highlighted the 75th anniversary statewide including an open house and ribbon cutting ceremony at the credit union’s new Lowe’s Grove branch in Durham, built on the site of the first rural credit union in the South.
SECU was founded in 1937 with 17 members and $437 in deposits. The not-for-profit financial cooperative was formed as a low-cost alternative for state employees who felt they were being taken advantage of in the financial marketplace. As a trusted provider of low-cost financial services, SECU has experienced growth in each of its 75 years. The second largest credit union in the country, SECU serves more than 1.7 million members with nearly $25 billion in assets through its 242 branches and 1,100 ATMs throughout North Carolina.
State Employees’ Credit Union’s local advisory board member Daron Atkins commented, “This is an amazing time in the history of the credit union, and I am proud to be a member and serve as a volunteer. The success and financial well-being of members continues to be the focus of the cooperative and has brought us to where we are today. Seventy-five years of commitment to providing beneficial products and services to members with a ‘People helping people’ philosophy speaks for itself. I look forward to the bright future of our cooperative.