State Employees Credit Union (SECU) is a not-for-profit financial institution that has been serving the state employees of North Carolina since its establishment in 1937. With its headquarters in Raleigh, SECU has numerous branches across the state, including in Durham, NC. This article will explore the services and benefits offered by the State Employees Credit Union in Durham, NC.
In order to become a member of SECU Durham, individuals must meet certain eligibility criteria. Membership is open to state employees, public school employees, and their immediate family members. This includes spouses, children, parents, and siblings. Additionally, individuals who work for organizations that support state employees are also eligible to join.
1. Personal Banking
SECU offers a wide range of personal banking services to its members. This includes checking and savings accounts, certificates of deposit, and money market accounts. Members can access their accounts online or through the SECU mobile app, making banking convenient and accessible.
2. Loans and Mortgages
SECU provides various loan options to its members, including auto loans, personal loans, and home equity loans. Additionally, SECU offers competitive mortgage rates and provides assistance throughout the homebuying process, making homeownership more attainable for its members.
3. Credit Cards
SECU offers credit cards with low interest rates and no annual fees. Members can choose from different card options, including rewards cards and secured cards, based on their financial needs and preferences.
Benefits of SECU Membership
Being a member of SECU comes with several advantages:
1. Competitive Rates
SECU offers competitive interest rates on savings accounts, loans, and mortgages. This allows members to earn more on their savings and pay less on their loans, helping them achieve their financial goals.
2. Financial Education
SECU is committed to providing financial education to its members. They offer resources, workshops, and seminars on topics such as budgeting, savings, and credit management. This enables members to make informed financial decisions and improve their financial well-being.
3. Member Rewards
SECU provides member rewards through its CashPoints Global (CPG) program. Members can earn points on their everyday purchases and redeem them for travel, merchandise, gift cards, and more.
1. Can anyone join SECU Durham?
No, membership is limited to state employees, public school employees, their immediate family members, and employees of organizations that support state employees.
2. How can I become a member of SECU Durham?
You can become a member by completing the membership application online or visiting a SECU branch. You will need to provide proof of eligibility and make a minimum deposit to open your account.
3. What are the advantages of banking with SECU?
SECU offers competitive rates, a wide range of financial services, and access to financial education resources. Additionally, as a member-owned institution, SECU prioritizes the needs of its members.
4. Can I access my SECU account online?
Yes, SECU provides online banking services where you can view account balances, transfer funds, pay bills, and more. They also have a mobile app for banking on the go.
5. What is the CashPoints Global (CPG) program?
The CPG program is a member rewards program offered by SECU. Members can earn points on their purchases and redeem them for travel, merchandise, gift cards, and other rewards.