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PSECU (also known as Pennsylvania State Employees Credit Union) is a state-chartered credit union headquartered in Harrisburg, Pennsylvania. [1] PSECU is a not-for-profit financial entity [2] that serves more than 480,000 members and manages over $7.5 billion in assets. [3] [4] [5] Deposits by the members are regulated and insured by National ...
State Employees' Credit Union was originally incorporated on June 4, 1937 by employees of the State of North Carolina. The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 ...
The National Credit Union Administration is the U.S. independent federal agency that supervises and charters federal credit unions. As of December 31, 2022, there were 4,760 federally insured credit unions in the United States with 135.3 million members.
State Employees Credit Union of Maryland (also known as SECU of Maryland or SECU Maryland or SECU MD) is a state-chartered credit union headquartered in Linthicum, Maryland. It is the largest federally-insured credit union in the state [4] [5] [6] and is regulated under the authority of The Office of the Commissioner of Financial Regulation ...
Banking in theUnited States. Credit unions in the United States served 100 million members, comprising 43.7% of the economically active population, in 2014. [1] [2] U.S. credit unions are not-for-profit, cooperative, tax-exempt organizations. [3] The clients of the credit unions become partners of the financial institution and their presence ...
T. TruMark Financial Credit Union. Categories: Credit unions of the United States by state. Companies based in Pennsylvania.
The first working credit union models sprang up in Germany in the 1850s and 1860s, and by the end of the 19th Century had taken root in much of Europe. They drew inspiration from cooperative successes in other sectors, such as retail and agricultural marketing (see history of the cooperative movement ).
The credit union experienced steady growth over the next two decades and expanded with four new branches during the 1970s. A merger with Lewis County Employees Credit Union in 1984 established another branch, with two more added in that decade. In the 1990s, five more branches opened, including a cooperative branch with Twin Star Credit Union.
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related to: psecu state employees credit union- 11201 88th Ave E., Puyallup, WA · Directions · (253) 534-7780