State Employees Federal Credit Union

Headquarters

700 Patroon Creek Blvd
Albany, NY 12206
See all branch locations →

Phone 1-518-464-5331

Notable Rates APY Vs.Others
Savings N.A. 1.65% →
1-Year CD N.A. 2.02% →
2-Year CD N.A. 3.00% →
5-Year CD N.A. 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

State Employees is an NCUA insured institution located in Albany, NY. It was founded in 1934 and has approximately $5447.07 millions in assets.

Who can become a SEFCU member?

You can, if you meet one of the following requirements:

You are an employee (current or retired), member, or volunteer of a participating SEFCU member group.
You live, work, attend school, or worship in one of these cities or towns:

Albany
Amherst
Barker - Binghamton
Barton
Berkshire
Binghamton
Buffalo
Candor
Cohoes
Colesville
Conklin
Dickinson
Green Island
Kirkwood
Lisle
Lackawanna
Maine
Mechanicville
Montgomery County
Nichols
Nanticoke
Otsego County
Rensselaer
Richford
Sanford
Schenectady
Spencer
Syracuse
Triangle
Troy
Union
Watervliet

A member of your immediate family is a SEFCU member or qualifies for membership.

NCUA Insured Yes / Federally Chartered
Charter Number # # 51
Date Established 1934
Assets $5,447.07 million
Loans $2,795.20 million
Deposits $5,033.28 million
Capital $387.65 million
 

Field of Membership Restrictions

Membership in State Employees Federal Credit Union is open to those who are employees (current or retired), member, or volunteer of a participating SEFCU member group or live, work, attend school, or worship in one of these cities or towns: Albany, Amherst, Barker - Binghamton, Barton, Berkshire, Binghamton, Buffalo, Candor, Cohoes, Colesville, Conklin, Dickinson, Green Island, Kirkwood, Lisle, Lackawanna, Maine, Mechanicville, Montgomery County, Nichols, Nanticoke, Otsego County, Rensselaer, Richford, Sanford, Schenectady, Spencer, Syracuse, Triangle, Troy, Union or Watervliet. Membership is also open to employees of the state of New York, New York Power Authority, and over 1,000 Select Employer Groups.

Deposit Rates - June 28, 2022

Your Current Location: California, CA 92111

We do not yet have rates for State Employees

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

Back to State Employees

Note to State Employees
To upload and update your credit union's rates please register. It is free to register and add rates.

Advertiser Disclosure

Loan Rates - June 28, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for STATE EMPLOYEES

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



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Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to STATE EMPLOYEES
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are State Employees branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California


State Employees Locations



Climate Initiatives

STATE EMPLOYEES is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

State Employees Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Employees. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
State Employees U.S. Average
4.35% 4.85

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2021, State Employees had $16,260,865 in non-current loans and $2,250,423 in owned assets. To cover these potential losses it had $387,652,173 in net worth and $37,832,644 in loans loss reserves. That gives it a Texas Ratio of 4.35%.

Net Worth
State Employees U.S. Average
7.22% 12.36%

State Employees FCU has a net worth of 7.22% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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