Headquartered in Raleigh, North Carolina, State Employees' Credit Union is a federally insured state-chartered credit union with $60.0B in total assets and $53.5B in member shares and deposits as of Q2 2026. It operates 280 offices. Its charter dates back to 1937.
Based on its Q2 2026 filing, State Employees' Credit Union scores 50/100, which we describe as below average. That is higher than only 6% of 25 credit unions with over $10 billion. Among 57 credit unions headquartered in North Carolina, it ranks 50th. Its strongest component is funding & liquidity (88/100; 72% loans-to-deposits, 9% uninsured), and its lowest is loan quality (21/100; 2.38%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (51 → 50).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 49 |
| Q3 2024 | 44 |
| Q4 2024 | 42 |
| Q1 2025 | 56 |
| Q2 2025 | 51 |
| Q3 2025 | 50 |
| Q4 2025 | 48 |
| Q1 2026 | 58 |
| Q2 2026 | 50 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 9.89% |
| Q3 2024 | 9.71% |
| Q4 2024 | 10.35% |
| Q1 2025 | 10.30% |
| Q2 2025 | 10.20% |
| Q3 2025 | 10.15% |
| Q4 2025 | 10.10% |
| Q1 2026 | 9.98% |
| Q2 2026 | 10.12% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 2.11% |
| Q3 2024 | 2.52% |
| Q4 2024 | 3.24% |
| Q1 2025 | 1.55% |
| Q2 2025 | 2.22% |
| Q3 2025 | 2.41% |
| Q4 2025 | 2.63% |
| Q1 2026 | 1.44% |
| Q2 2026 | 2.38% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.32% |
| Q3 2024 | 0.35% |
| Q4 2024 | 0.36% |
| Q1 2025 | 0.32% |
| Q2 2025 | 0.64% |
| Q3 2025 | 0.70% |
| Q4 2025 | 0.69% |
| Q1 2026 | 0.64% |
| Q2 2026 | 0.72% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 50 | $60.0B | 10.12% | 2.38% | 0.72% | 72.3% |
| Q1 2026 | 58 | $59.8B | 9.98% | 1.44% | 0.64% | 71.1% |
| Q4 2025 | 48 | $58.1B | 10.10% | 2.63% | 0.69% | 72.6% |
| Q3 2025 | 50 | $56.8B | 10.15% | 2.41% | 0.70% | 73.5% |
| Q2 2025 | 51 | $56.2B | 10.20% | 2.22% | 0.64% | 72.8% |
| Q1 2025 | 56 | $55.4B | 10.30% | 1.55% | 0.32% | 72.3% |
| Q4 2024 | 42 | $53.0B | 10.35% | 3.24% | 0.36% | 74.6% |
| Q3 2024 | 44 | $57.2B | 9.71% | 2.52% | 0.35% | 75.2% |
| Q2 2024 | 49 | $56.5B | 9.89% | 2.11% | 0.32% | 74.6% |
25 peers · Over $10 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Deposit insurance
Is my money safe at State Employees' Credit Union?
Yes. State Employees' Credit Union is a federally insured credit union (NCUA charter #66310). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 8.6% of shares and deposits ($4.6B) are above the $250,000 NCUA insurance limit, below the peer median of 12%. Insured balances are protected regardless of the score.
The net worth ratio is 10.12%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
280 locations
Branches
State Employees' Credit Union lists 280 offices in 172 cities. Most locations:
- Raleigh, NC (30)
- Charlotte, NC (10)
- Greensboro, NC (10)
- Durham, NC (8)
- Wilmington, NC (6)
- Winston Salem, NC (6)
- Asheville, NC (5)
- Chapel Hill, NC (4)
- Greenville, NC (4)
- Cary, NC (3)
- Goldsboro, NC (3)
- Hickory, NC (3)
Identity & history
Profile
- Legal name
- State Employees' Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 66310
- RSSD ID
- 1189117
- Primary regulator
- State + NCUA
- Established
- 1937
- Headquarters
- 119 N Salisbury St, Raleigh, NC 27603
- Employees
- 8,171
Quick answers
State Employees' Credit Union: common questions
Is State Employees' Credit Union NCUA insured?
Yes. State Employees' Credit Union is a federally insured credit union (NCUA charter #66310). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is State Employees' Credit Union's TellerScore?
50 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does State Employees' Credit Union have?
280 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Raleigh
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Mount Vernon Baptist Church Credit UnionCredit union Durham, NC | 100 out of 100, Very strong | $153K | 37.7% | 0.00% | vs |
| FSNB, National AssociationBank Lawton, OK | 96 out of 100, Very strong | $478.3M | 17.5% | 0.36% | vs |
| Farmers & Merchants BankBank Granite Quarry, NC | 90 out of 100, Very strong | $998.8M | 15.3% | 0.79% | vs |
| Providence BankBank Rocky Mount, NC | 82 out of 100, Strong | $1.5B | 12.2% | 0.12% | vs |
| Summit Credit UnionCredit union Greensboro, NC | 82 out of 100, Strong | $368.8M | 15.4% | 0.71% | vs |
| Carolinas Telco Federal Credit UnionCredit union Charlotte, NC | 79 out of 100, Strong | $506.3M | 15.1% | 0.91% | vs |