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North Carolina · Nonprofit

STATE EMPLOYEES' CREDIT UNION

STATE EMPLOYEES' CREDIT UNION (North Carolina) receives grants from 1 organization whose IRS filings report $6,500 to it, the largest being THE KOOKEN FAMILY FOUNDATION ($6,500). 0 of them have funded it in more than one year.

Revenue FY2025
$2.9B
Funders on record
1
Grants received
$7k
Net assets
$5.2B
0/1 repeat funderspeak grant-dependency 0%
01What it does

What State Employees' Credit Union does

Mission

To be the trusted provider of financial services to every eligible member and to enhance the quality of their lives and financial well-being while maintaining our fiscal strength.

As stated on its FY2025 Form 990.

Program

  1. The State Employees' Credit Union is owned by our 2.9 million members. Secu provides services to our members through 276 branch offices, 1076 atms, 24/7 contact centers, and a website - www.ncsecu.org. As a credit union, members deposit funds into share accounts, which are then loaned to other members. The credit union offers share accounts of various types - membership shares, share drafts, money market shares, ira shares, and share term certificates. Loans to members consists of mortgages, home equity, auto and other consumer loans. At june 30, 2025, there were approximately 617,000 personal loans and approximately 234,000 first and second mortgage loans outstanding. The credit union received $2,923,081,432 in revenues from interest on loans, interest on investments, and other non-interest sources during the year ended june 30, 2025. The cost of providing services to credit union members was $2,645,445,120 for the year. The cost of services consists of interest paid on share accounts, salaries, building expenses, equipment expenses, and other operational expenses.

The program described on its FY2024 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.3B) Expenses 100 ($1.1B) Net assets 100 ($2.8B)2018 Revenue 116 ($1.5B) Expenses 112 ($1.2B) Net assets 106 ($3.0B)2019 Revenue 131 ($1.7B) Expenses 134 ($1.4B) Net assets 119 ($3.4B)2020 Revenue 131 ($1.7B) Expenses 138 ($1.5B) Net assets 131 ($3.7B)2021 Revenue 127 ($1.6B) Expenses 112 ($1.2B) Net assets 138 ($3.9B)2022 Revenue 129 ($1.7B) Expenses 103 ($1.1B) Net assets 130 ($3.7B)2023 Revenue 169 ($2.2B) Expenses 148 ($1.6B) Net assets 143 ($4.1B)2024 Revenue 203 ($2.6B) Expenses 224 ($2.4B) Net assets 163 ($4.6B)2025 Revenue 227 ($2.9B) Expenses 245 ($2.6B) Net assets 185 ($5.2B)
'17'18'19'20'21'22'23'24'25
Revenue (227)Expenses (245)Net assets (185)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $49.6B to $56.4B (+14%).

$36.9B
$38.5B
$40.7B
$45.2B
$50.0B
$53.2B
$49.6B
$56.4B
$56.1B
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$212M
’17
$294M
’18
$244M
’19
$207M
’20
$433M
’21
$556M
’22
$583M
’23
$203M
’24
$277M
’25
23
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Mona Moon

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed292931303234313430
Joined·+5+5+0+4+10+6+9+2
No longer listed·53128966
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of STATE EMPLOYEES' CREDIT UNION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of STATE EMPLOYEES' CREDIT UNION's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like STATE EMPLOYEES' CREDIT UNION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Self-Help Credit Union84%South River Electric Membership Corporation83%Greater Kinston Credit Union81%Nc State University Partnership Corporation81%Latino Community Credit Union81%Central Electric Membership Corporation80%North Carolina Bankers Association80%Surry-Yadkin Electric Membership Corporation80%

Nationally

Seven Seventeen Credit Union Inc87%Service Credit Union87%Gecu86%Sound Credit Union86%Ten Credit Union86%Suncoast Credit Union86%Pennsylvania State Employees Credit Union86%Emerald Credit Union86%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 5 related entities

  • Secu Foundation · exempt
  • Credit Union Investment Services · corp_trust
  • Secu Brokerage Services · corp_trust
  • Secu Life Insurance Company · corp_trust
  • Secure Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for STATE EMPLOYEES' CREDIT UNION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds STATE EMPLOYEES' CREDIT UNION?
STATE EMPLOYEES' CREDIT UNION (North Carolina) receives grants from 1 organization whose IRS filings report $6,500 to it, the largest being THE KOOKEN FAMILY FOUNDATION ($6,500). 0 of them have funded it in more than one year.
How many funders does STATE EMPLOYEES' CREDIT UNION have?
IRS filings report 1 organization giving $6,500 in grants to STATE EMPLOYEES' CREDIT UNION.
Who is the largest funder of STATE EMPLOYEES' CREDIT UNION?
THE KOOKEN FAMILY FOUNDATION is the largest funder on record, with $6,500 in grants. The full list of funders is on this page.
How can an organization like STATE EMPLOYEES' CREDIT UNION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing