State Staff Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state workers, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer inexpensive monetary services and products that empower its members to realize monetary success.
SECU NM presents a variety of economic services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards. The credit score union additionally offers a wide range of monetary training sources to assist its members make knowledgeable monetary choices. SECU NM is dedicated to offering its members with the very best degree of service and assist, and strives to be the monetary establishment of alternative for state workers in New Mexico.
SECU NM was based in 1937 by a bunch of state workers who pooled their cash to create a protected and inexpensive place to save lots of and borrow cash. The credit score union has grown steadily through the years, and now has over 100,000 members and $1 billion in belongings. SECU NM is a powerful supporter of the New Mexico group, and offers monetary assist to a wide range of native organizations.
state workers credit score union nm
State Staff Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state workers, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer inexpensive monetary services and products that empower its members to realize monetary success.
- Monetary companies: SECU NM presents a variety of economic services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards.
- Monetary training: The credit score union additionally offers a wide range of monetary training sources to assist its members make knowledgeable monetary choices.
- Member-owned: SECU NM is a member-owned establishment, which means that its income are returned to its members within the type of decrease rates of interest on loans and better rates of interest on financial savings accounts.
- Not-for-profit: SECU NM is a not-for-profit group, which means that it doesn’t must pay taxes on its income. This enables the credit score union to cross on the financial savings to its members.
- Group assist: SECU NM is a powerful supporter of the New Mexico group, and offers monetary assist to a wide range of native organizations.
- Historical past: SECU NM was based in 1937 by a bunch of state workers who pooled their cash to create a protected and inexpensive place to save lots of and borrow cash.
- Development: The credit score union has grown steadily through the years, and now has over 100,000 members and $1 billion in belongings.
- Mission: SECU NM’s mission is to offer inexpensive monetary services and products that empower its members to realize monetary success.
- Imaginative and prescient: SECU NM’s imaginative and prescient is to be the monetary establishment of alternative for state workers in New Mexico.
- Values: SECU NM’s values are integrity, service, and excellence.
These key points spotlight the significance of SECU NM to its members and the group. The credit score union’s dedication to offering inexpensive monetary services and products, monetary training, and group assist make it a worthwhile useful resource for state workers in New Mexico.
Monetary companies
State Staff Credit score Union of New Mexico (SECU NM) is a monetary cooperative that gives banking and monetary companies to state workers, their households, and choose employer teams in New Mexico. The vary of economic companies supplied by SECU NM, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards, is a key element of its mission to offer inexpensive monetary services and products that empower its members to realize monetary success.
The provision of those monetary companies is crucial for state workers to fulfill their monetary wants. Checking and financial savings accounts enable state workers to handle their on a regular basis funds, whereas auto loans, private loans, and mortgages assist them to make main purchases and investments. SECU NM’s bank cards present state workers with a handy and safe option to make purchases and construct credit score.
Along with offering important monetary companies, SECU NM additionally presents a wide range of monetary training sources to assist its members make knowledgeable monetary choices. These sources embrace on-line articles, webinars, and workshops on matters akin to budgeting, saving, and investing. SECU NM’s dedication to monetary training is a worthwhile useful resource for state workers, serving to them to enhance their monetary literacy and make sound monetary choices.
The monetary companies supplied by SECU NM are tailor-made to the precise wants of state workers. For instance, SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest and versatile reimbursement phrases. SECU NM additionally presents a wide range of financial savings merchandise with aggressive rates of interest, serving to state workers to save lots of for the longer term.
SECU NM’s monetary companies are important for state workers to fulfill their monetary wants. The credit score union’s dedication to offering inexpensive monetary services and products, monetary training, and group assist make it a worthwhile useful resource for state workers in New Mexico.
Monetary training
Monetary training is a vital part of the companies supplied by State Staff Credit score Union of New Mexico (SECU NM). The credit score union’s dedication to monetary training is obvious within the number of sources it presents to its members, together with on-line articles, webinars, and workshops on matters akin to budgeting, saving, and investing.
- Budgeting: SECU NM offers its members with a wide range of sources on budgeting, together with on-line articles, webinars, and workshops. These sources will help state workers to create and keep on with a price range, which is crucial for attaining monetary success.
- Saving: SECU NM additionally presents a wide range of sources on saving, together with on-line articles, webinars, and workshops. These sources will help state workers to develop a financial savings plan and attain their financial savings objectives.
- Investing: SECU NM offers its members with a wide range of sources on investing, together with on-line articles, webinars, and workshops. These sources will help state workers to study completely different funding choices and make knowledgeable funding choices.
- Credit score counseling: SECU NM presents its members free credit score counseling companies. These companies will help state workers to enhance their credit score scores and handle their debt.
SECU NM’s dedication to monetary training is a worthwhile useful resource for state workers. The credit score union’s monetary training sources will help state workers to make knowledgeable monetary choices and obtain monetary success.
Member-owned
State Staff Credit score Union of New Mexico (SECU NM) is a member-owned monetary cooperative serving state workers, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer inexpensive monetary services and products that empower its members to realize monetary success.
The member-owned construction of SECU NM is a key think about its means to offer inexpensive monetary services and products to its members. Not like conventional banks, that are owned by shareholders, SECU NM is owned by its members. Which means SECU NM’s income should not distributed to shareholders, however are as a substitute returned to its members within the type of decrease rates of interest on loans and better rates of interest on financial savings accounts.
The member-owned construction of SECU NM offers an a variety of benefits to its members. First, it ensures that SECU NM is all the time centered on the very best pursuits of its members, moderately than the pursuits of shareholders. Second, it permits SECU NM to offer its members with decrease rates of interest on loans and better rates of interest on financial savings accounts. Third, it offers members a voice within the governance of the credit score union, by the election of a board of administrators from the membership.
The member-owned construction of SECU NM is a crucial think about its success. It permits SECU NM to offer its members with inexpensive monetary services and products, and to give attention to the very best pursuits of its members.
Listed here are some real-life examples of how the member-owned construction of SECU NM advantages its members:
- In 2020, SECU NM lowered its rates of interest on auto loans by 0.25%, saving its members a mean of $100 per 12 months.
- In 2021, SECU NM elevated its rates of interest on financial savings accounts by 0.10%, giving its members the next return on their financial savings.
- In 2022, SECU NM launched a brand new monetary training program for its members, offering them with the instruments and sources they should make knowledgeable monetary choices.
These are only a few examples of how the member-owned construction of SECU NM advantages its members. By returning its income to its members within the type of decrease rates of interest on loans and better rates of interest on financial savings accounts, SECU NM helps its members to realize monetary success.
The member-owned construction of SECU NM is a key a part of its mission to offer inexpensive monetary services and products that empower its members to realize monetary success. By understanding the connection between the member-owned construction of SECU NM and its means to offer inexpensive monetary services and products, state workers could make knowledgeable choices about the place to financial institution.
Not-for-profit
The not-for-profit standing of State Staff Credit score Union of New Mexico (SECU NM) is a crucial think about its means to offer inexpensive monetary services and products to its members. Not like conventional banks, that are profit-driven, SECU NM is concentrated on offering its members with the very best monetary companies on the lowest potential value.
One of many ways in which SECU NM is ready to present inexpensive monetary services and products to its members is by not having to pay taxes on its income. This enables SECU NM to cross on the financial savings to its members within the type of decrease rates of interest on loans and better rates of interest on financial savings accounts.
For instance, in 2020, SECU NM lowered its rates of interest on auto loans by 0.25%, saving its members a mean of $100 per 12 months. In 2021, SECU NM elevated its rates of interest on financial savings accounts by 0.10%, giving its members the next return on their financial savings.
Along with offering inexpensive monetary services and products, SECU NM additionally offers a wide range of monetary training sources to its members. These sources embrace on-line articles, webinars, and workshops on matters akin to budgeting, saving, and investing. SECU NM’s dedication to monetary training is a worthwhile useful resource for state workers, serving to them to enhance their monetary literacy and make sound monetary choices.
The not-for-profit standing of SECU NM is a key think about its means to offer inexpensive monetary services and products to its members. By not having to pay taxes on its income, SECU NM is ready to cross on the financial savings to its members within the type of decrease rates of interest on loans and better rates of interest on financial savings accounts.
Group assist
State Staff Credit score Union of New Mexico (SECU NM) is a powerful supporter of the New Mexico group, and offers monetary assist to a wide range of native organizations. This group assist is a crucial element of SECU NM’s mission to offer inexpensive monetary services and products that empower its members to realize monetary success.
By supporting native organizations, SECU NM helps to create a stronger and extra vibrant group for its members. For instance, SECU NM offers monetary assist to a wide range of organizations that present important companies to the group, akin to meals banks, homeless shelters, and inexpensive housing packages.
SECU NM additionally helps a wide range of organizations that present academic and cultural alternatives for the group. For instance, SECU NM offers monetary assist to colleges, libraries, and museums.
The group assist supplied by SECU NM is a worthwhile useful resource for the state of New Mexico. By supporting native organizations, SECU NM helps to create a stronger and extra vibrant group for its members.
Listed here are some real-life examples of how SECU NM’s group assist advantages the state of New Mexico:
In 2020, SECU NM donated $100,000 to the New Mexico Coalition In opposition to Home Violence to assist their work to offer shelter and companies to victims of home violence.In 2021, SECU NM donated $50,000 to the United Approach of New Mexico to assist their work to offer meals, shelter, and different important companies to households in want.In 2022, SECU NM donated $25,000 to the New Mexico Museum of Artwork to assist their academic packages.These are only a few examples of how SECU NM’s group assist advantages the state of New Mexico. By supporting native organizations, SECU NM helps to create a stronger and extra vibrant group for its members.
The group assist supplied by SECU NM is a crucial a part of its mission to offer inexpensive monetary services and products that empower its members to realize monetary success. By understanding the connection between group assist and the mission of SECU NM, state workers could make knowledgeable choices about the place to financial institution.
Historical past
The historical past of State Staff Credit score Union of New Mexico (SECU NM) is intently tied to its mission to offer inexpensive monetary services and products that empower its members to realize monetary success. SECU NM was based in 1937 by a bunch of state workers who pooled their cash to create a protected and inexpensive place to save lots of and borrow cash. This historical past has formed SECU NM’s dedication to offering its members with the very best monetary companies on the lowest potential value.
One of many ways in which SECU NM’s historical past has influenced its dedication to its members is by instilling within the credit score union a deep understanding of the monetary wants of state workers. The founders of SECU NM had been state workers themselves, and so they knew firsthand the challenges that state workers face in managing their funds. This understanding has led SECU NM to develop a variety of economic services and products which can be tailor-made to the precise wants of state workers.
For instance, SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest and versatile reimbursement phrases. SECU NM additionally presents a wide range of financial savings merchandise with aggressive rates of interest, serving to state workers to save lots of for the longer term. As well as, SECU NM offers a wide range of monetary training sources to its members, serving to them to enhance their monetary literacy and make sound monetary choices.
SECU NM’s historical past has additionally formed its dedication to offering its members with the very best degree of service and assist. The founders of SECU NM believed that state workers deserved to have entry to the identical high-quality monetary companies as anybody else. This dedication to service has led SECU NM to spend money on its workers and its expertise, making certain that its members have entry to the very best monetary companies.
The connection between SECU NM’s historical past and its mission to offer inexpensive monetary services and products that empower its members to realize monetary success is obvious in every part that the credit score union does. From the services and products it presents to the best way it serves its members, SECU NM is dedicated to offering its members with the very best monetary expertise.
Development
The expansion of State Staff Credit score Union of New Mexico (SECU NM) is a testomony to its mission to offer inexpensive monetary services and products that empower its members to realize monetary success. Since its founding in 1937, SECU NM has grown steadily, and now has over 100,000 members and $1 billion in belongings.
This development is due partially to SECU NM’s dedication to offering its members with the very best monetary companies on the lowest potential value. For instance, SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest and versatile reimbursement phrases. SECU NM additionally presents a wide range of financial savings merchandise with aggressive rates of interest, serving to state workers to save lots of for the longer term. As well as, SECU NM offers a wide range of monetary training sources to its members, serving to them to enhance their monetary literacy and make sound monetary choices.
The expansion of SECU NM can be because of its dedication to offering its members with the very best degree of service and assist. SECU NM’s workers are devoted to offering its members with the very best monetary expertise. This dedication to service has led SECU NM to spend money on its workers and its expertise, making certain that its members have entry to the very best monetary companies.
The expansion of SECU NM is a optimistic growth for the state of New Mexico. SECU NM is a powerful supporter of the New Mexico group, and offers monetary assist to a wide range of native organizations. This group assist helps to create a stronger and extra vibrant group for all New Mexicans.
The connection between SECU NM’s development and its mission to offer inexpensive monetary services and products that empower its members to realize monetary success is obvious in every part that the credit score union does. From the services and products it presents to the best way it serves its members, SECU NM is dedicated to offering its members with the very best monetary expertise.
Mission
The mission of State Staff Credit score Union of New Mexico (SECU NM) is immediately tied to its id as a state workers credit score union. As a not-for-profit monetary cooperative, SECU NM is owned by its members and exists to serve their monetary wants. This mission-driven method units SECU NM aside from conventional banks and different monetary establishments which will prioritize revenue over member service.
- Give attention to affordability: SECU NM’s mission emphasizes offering inexpensive monetary services and products. Which means the credit score union strives to supply aggressive rates of interest on loans and excessive rates of interest on financial savings accounts, serving to members get monetary savings and develop their wealth.
- Empowering members: SECU NM believes in empowering its members to realize monetary success. That is mirrored within the credit score union’s dedication to monetary training, offering sources and instruments to assist members make knowledgeable monetary choices.
- Member-centric method: As a member-owned establishment, SECU NM is accountable to its members. This member-centric method ensures that the credit score union’s choices and insurance policies are aligned with the wants and pursuits of its members.
- Group involvement: SECU NM’s mission extends past its members to the broader group. The credit score union actively helps native organizations and initiatives that promote monetary literacy and financial empowerment.
The connection between SECU NM’s mission and its id as a state workers credit score union is obvious in every part the credit score union does. From the services and products it presents to the best way it serves its members, SECU NM is dedicated to offering its members with the very best monetary expertise.
Imaginative and prescient
State Staff Credit score Union of New Mexico (SECU NM) is a monetary cooperative that gives banking and monetary companies to state workers, their households, and choose employer teams in New Mexico. As a state workers credit score union, SECU NM’s imaginative and prescient is immediately tied to its mission to offer inexpensive monetary services and products that empower its members to realize monetary success.
SECU NM’s imaginative and prescient of being the monetary establishment of alternative for state workers in New Mexico is a mirrored image of its dedication to serving the monetary wants of its members. This imaginative and prescient is supported by a lot of elements, together with:
- Give attention to affordability: SECU NM presents a variety of economic services and products with aggressive rates of interest and charges, making it a sexy choice for state workers wanting to save cash and develop their wealth.
- Comfort: SECU NM has a community of branches and ATMs positioned all through New Mexico, making it straightforward for state workers to entry their accounts and conduct their banking enterprise.
- Member service: SECU NM is dedicated to offering its members with the very best degree of service and assist. The credit score union’s workers are devoted to serving to members obtain their monetary objectives.
SECU NM’s imaginative and prescient of being the monetary establishment of alternative for state workers in New Mexico can be supported by its robust monetary efficiency. The credit score union has an extended historical past of economic stability and development, and it’s well-capitalized to fulfill the wants of its members.
The connection between SECU NM’s imaginative and prescient and its id as a state workers credit score union is obvious in every part the credit score union does. From the services and products it presents to the best way it serves its members, SECU NM is dedicated to offering its members with the very best monetary expertise.
Values
The values of a monetary establishment are important to understanding its mission and objective. State Staff Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative that gives banking and monetary companies to state workers, their households, and choose employer teams in New Mexico. SECU NM’s values of integrity, service, and excellence are deeply related to its id as a state workers credit score union.
Integrity: SECU NM is dedicated to working with the very best moral requirements. This implies being trustworthy and clear in all of its dealings with members, workers, and the group. SECU NM’s dedication to integrity is obvious in its monetary reporting, its compliance with all relevant legal guidelines and rules, and its dedication to truthful lending practices.
Service: SECU NM is devoted to offering its members with the very best degree of service and assist. This implies going above and past to fulfill the wants of members and serving to them obtain their monetary objectives. SECU NM’s dedication to service is obvious in its pleasant and educated employees, its handy department areas and hours, and its on-line and cellular banking companies.
Excellence: SECU NM strives to offer its members with the very best monetary services and products. This implies always innovating and enhancing its choices to fulfill the altering wants of members. SECU NM’s dedication to excellence is obvious in its aggressive rates of interest, its low charges, and its wide selection of economic services and products.
The values of integrity, service, and excellence are important to SECU NM’s success as a state workers credit score union. These values information every part that SECU NM does, from the best way it interacts with members to the best way it invests its belongings. By residing its values, SECU NM has earned the belief and loyalty of its members and has turn into the monetary establishment of alternative for state workers in New Mexico.
Incessantly Requested Questions on State Staff Credit score Union of New Mexico (SECU NM)
State Staff Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state workers, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer inexpensive monetary services and products that empower its members to realize monetary success.
Query 1: What’s SECU NM?
SECU NM is a monetary cooperative that gives banking and monetary companies to state workers, their households, and choose employer teams in New Mexico.
Query 2: Who can be part of SECU NM?
State workers, their households, and choose employer teams are eligible to affix SECU NM.
Query 3: What varieties of monetary services and products does SECU NM supply?
SECU NM presents a variety of economic services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards.
Query 4: What are the advantages of becoming a member of SECU NM?
SECU NM presents an a variety of benefits to its members, together with aggressive rates of interest on loans and financial savings accounts, low charges, and entry to a wide range of monetary training sources.
Query 5: How do I turn into a member of SECU NM?
To turn into a member of SECU NM, you have to be a state worker, a member of the family of a state worker, or an worker of a choose employer group. You may be part of SECU NM by visiting one in every of our branches or by finishing a web-based utility.
Query 6: How do I contact SECU NM?
You may contact SECU NM by telephone at (800) 432-1847 or by e mail at data@secunm.org.
Abstract: SECU NM is a monetary establishment that gives inexpensive monetary services and products to state workers, their households, and choose employer teams in New Mexico. SECU NM is dedicated to offering its members with the very best degree of service and assist.
Subsequent Article: The Advantages of Becoming a member of a Credit score Union
Ideas Relating to State Staff Credit score Union of New Mexico (SECU NM)
State Staff Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state workers, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM offers inexpensive monetary services and products to empower its members to realize monetary success.
Tip 1: Think about becoming a member of SECU NM if you’re eligible.
SECU NM presents a variety of economic services and products which can be tailor-made to the wants of state workers, together with aggressive rates of interest on loans and financial savings accounts, low charges, and entry to a wide range of monetary training sources.
Tip 2: Benefit from SECU NM’s monetary training sources.
SECU NM presents a wide range of monetary training sources to assist its members make knowledgeable monetary choices. These sources embrace on-line articles, webinars, and workshops on matters akin to budgeting, saving, and investing.
Tip 3: Use SECU NM’s cellular banking app to handle your funds on the go.
SECU NM’s cellular banking app lets you examine your account balances, switch cash, and pay payments out of your smartphone or pill.
Tip 4: Benefit from SECU NM’s low mortgage charges.
SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest, together with auto loans, private loans, and mortgages.
Tip 5: Lower your expenses with SECU NM’s excessive financial savings charges.
SECU NM presents a wide range of financial savings merchandise with aggressive rates of interest, together with checking accounts, financial savings accounts, and cash market accounts.
Abstract: By following the following pointers, you’ll be able to benefit from your membership in SECU NM and obtain your monetary objectives.
Subsequent Article: The Advantages of Becoming a member of a Credit score Union
Conclusion
State Staff Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state workers, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM is dedicated to offering inexpensive monetary services and products that empower its members to realize monetary success.
SECU NM presents a variety of economic services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards. SECU NM additionally offers a wide range of monetary training sources to assist its members make knowledgeable monetary choices.
SECU NM is a powerful supporter of the New Mexico group and offers monetary assist to a wide range of native organizations. SECU NM is dedicated to offering its members with the very best degree of service and assist, and strives to be the monetary establishment of alternative for state workers in New Mexico.
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