On Monday, September 15th, Apple released an operating system update for iPhones that may be impacting user access for certain apps, including the SECU Mobile App. If you are experiencing issues logging into the SECU Mobile App after updating to iOS 26, you may log in to Member Access through the SECU website.
SECU Financial Status
Review our 12-month financial summary.
2025 monthly financial summary
State Employees’ Credit Union (SECU) remains in strong financial condition. Assets, loans, capital, and deposits grew over the past twelve months. In addition, delinquencies increased but remained manageable. SECU members benefited from solid financial results which continue to provide for a safe and sound institution.
Below is a summary of some of the financial highlights over the past twelve months:
July 2024
July 2025
Change
Additional information
Assets1
$56.3 billion
$56.6 billion
↑ $0.3 billion
1% Growth
Loans
$34.2 billion
$36.4 billion
↑ $2.2 billion
7% Growth
Deposits
$46.1 billion
$51.1 billion
↑ $5.0 billion
11% Growth
Capital
$5.37 billion
$5.68 billion
↑ $302 million
6% Growth
Loans/deposits
75%
72%
3% lower
N/A
Loans charged off
0.63%
0.57%
0.06% lower
Member loan losses have remained at less than 1%.
3+ Month Delinquency2
1.13%
1.23%
0.10% higher
Loan delinquencies have risen as members experience financial difficulties.
Additions to Capital Reserves during the 12-Month Period
$249 million
$302 million
$53 million higher
Contributions to capital reserves increased slightly from last year. SECU continues to maintain substantial reserves and meet regulatory requirements.
Expenses to assets
2.13%
2.13%
No change
Operating expenses held flat compared to last year, demonstrating SECU’s continued commitment to efficiency and sound financial stewardship.
SECU remains safe and sound. Deposits held at SECU are insured by the National Credit Union Administration (NCUA).
We will continue working to help you with your financial goals, and thank you for the opportunity to serve you.
SECU Financial Statements are available upon request at your local branch.
Additional information is available in our Annual Reports.
