SECU member deposits are insured by National Credit Union Administration (NCUA) of the U.S. federal government.

SECU is the second largest natural member credit union in the United States, both in asset size and in membership.

However, LGFCU split off in response to criticism the original credit union was accepting members beyond its scope of membership.

The Foundation promotes local and community development by primarily funding high impact projects in the areas of housing, education, healthcare and human services.

Funding is provided by individual members that make the contribution, enforcing the core concept of State Employees’ Credit Union as a member-owned cooperative.