S.C. State Credit Union

S.C. State Credit Union, a federal credit union commonly known as "State Credit Union," is headquartered in Columbia, South Carolina. It is the sixth largest credit union in the state measured by asset size, according to National Credit Union Administration[2] reports as of September 2010. State Credit Union serves over 225,821 members and has assets of over $2.96 Billion as of October, 2020.[3]

For other uses, see SECU (disambiguation).
South Carolina State Employees Credit Union
S.C. State Credit Union
TypeCredit union
IndustryFinancial services
FoundedMay 26, 1952
HeadquartersColumbia, South Carolina
Number of locations
18 (2020)
Area served
South Carolina
Key people
Rick Hammond
(President & CEO)
ProductsSavings; checking; consumer loans; mortgages; credit cards; investments; online banking
Revenue $34.52 million (2019)
Total assets $2.96 Billion (2020)[1]
Ownersmembers
Number of employees
146
Websitescscu.com

In 2006, State Credit Union won the national Desjardins Youth Financial Education Award, which recognizes leadership in youth financial literacy.[4] It is a National Network Representative of the High School Financial Planning Program offered through the National Endowment for Financial Education (NEFE).[5] State Credit Union also has partnered with the South Carolina Department of Education and ETV to provide teacher training tools and renewal recertification credit to encourage financial literacy among young people.[6]

History

State Credit Union originally was chartered as S.C. State Employees' Cooperative Credit Union on May 26, 1952. The first full-time staff member was employed in 1960. In 1975, the name was shortened to S.C. State Employees' Credit Union and the following year, the credit union moved into its own facility at 800 Huger Street.[7] Over the years, the credit union expanded into new markets and currently operates 18 branches in 12 South Carolina cities.[8]

Membership

In addition to serving city, county and state employees who are enrolled in SC Retirement Systems, State Credit Union membership is open to other specified groups. These include:

See also

References
  1. 'South Carolina Credit Union Directory (October 2020)'
  2. Archived August 28, 2010, at the Wayback Machine
  3. "South Carolina Credit Union Directory (October 2020)". www.creditunionsonline.com. Retrieved 2020-10-12.
  4. "CUNA Announces National Desjardins Awards for 2006". Cuna.org. Retrieved 2012-05-07.
  5. "NEFE High School Financial Planning Program". Hsfpp.nefe.org. Retrieved 2012-05-07.
  6. "SC State Credit Union - What is NEFE". Scscu.com. Retrieved 2012-05-07.
  7. "Annual Report 2009" (PDF). Retrieved 2012-05-07.
  8. "SC State Credit Union - Branch Locations". Scscu.com. Retrieved 2012-05-07.
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