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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 million. [7]
Net profit for 2022 was more than $42 million, while total executive compensation surpassed $10 million. President & CEO Dave Sweiderk was compensated more than $1.4 million, while 6 other executives and highest-paid employees had total compensation packages in excess of $500,000 each. Salaries and wages for all other employees of the credit union totalled $23.9 million. [22]
Texas Dow Employees Credit Union ( TDECU) is a credit union based in Lake Jackson, Texas, with 38 service locations, including 34 member centers. TDECU is the largest Houston-area credit union, and fourth largest in the state of Texas, [2] with over 372,000 members and assets of $4.7 billion as of April 2022. [1] In 2014, they purchased the naming rights to the University of Houston Cougars ...
Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company ( French: Société de prospection électrique) by two brothers Conrad and Marcel Schlumberger from Alsace. [10] Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial lift ...
County Federal was founded on May 8, 1950, by eight county employees with only $107. [4] These employees worked for free, volunteering their own time to establish the company. It was originally called the Santa Clara County Employees Credit Union and was first located at 1090 N. First Street in San Jose, California. In 1987, the union was federally chartered through the National Credit Union ...
State ECU (also known as State Employees Credit Union of New Mexico or SECU New Mexico) is a federal not-for-profit [2] credit union headquartered in Santa Fe, New Mexico. As of 2019, State ECU has $569 million in assets, over 48,000 members, and eight branches in the New Mexico. [3] Deposits by the members are regulated and insured by National Credit Union Administration (NCUA) under latter's ...
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 Credit Union Administration (NCUA). [6]
The Michigan Schools and Government Credit Union ( MSGCU) is headquartered in Clinton Township, Michigan, and has a membership size of more than 137,000 and assets of over $3 billion as of December 2021. MSGCU was founded in 1954 and is a not-for-profit financial institution, which is owned and operated by its members. The credit union is regulated under the authority of the National Credit ...
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