| State Employees Credit Union of New Mexico State ECU | |
| Type: | Credit union |
| Foundation: | 1958 |
| Location: | Santa Fe, New Mexico |
| Area Served: | New Mexico |
| Locations: | 8 (2020) |
| Key People: | Harold Dixon (President & CEO) |
| Industry: | Financial services |
| Products: | Savings |
| Assets: | $569 million (2019)[1] |
| Revenue: | $31 million (2019) |
| Num Employees: | 178 |
| Owners: | members |
| Homepage: | |
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 western region jurisdiction.[4] [5]
State Employees Credit Union was formed in 1958 to serve the counties of Bernalillo, Doña Ana, Rio Arriba, Sandoval, Santa Fe, San Miguel, and Valencia.
In 2016, it got a new logo and a shortened name - "State ECU", to distinguish itself from other states' SECUs.[6] [7]
To overcome the on-going COVID-19 pandemic in New Mexico, State ECU created the State ECU Covid Relief Fund to support local businesses and nonprofits.[8] [9]