State Workers Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state staff, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer reasonably priced monetary services that empower its members to attain monetary success.
SECU NM gives a spread of monetary services, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards. The credit score union additionally supplies quite a lot of monetary schooling assets 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 staff in New Mexico.
SECU NM was based in 1937 by a bunch of state staff who pooled their cash to create a protected and reasonably priced place to save lots of and borrow cash. The credit score union has grown steadily over time, and now has over 100,000 members and $1 billion in belongings. SECU NM is a robust supporter of the New Mexico neighborhood, and supplies monetary assist to quite a lot of native organizations.
state staff credit score union nm
State Workers Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state staff, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer reasonably priced monetary services that empower its members to attain monetary success.
- Monetary providers: SECU NM gives a spread of monetary services, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards.
- Monetary schooling: The credit score union additionally supplies quite a lot of monetary schooling assets to assist its members make knowledgeable monetary choices.
- Member-owned: SECU NM is a member-owned establishment, which means that its earnings 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 should pay taxes on its earnings. This permits the credit score union to move on the financial savings to its members.
- Neighborhood assist: SECU NM is a robust supporter of the New Mexico neighborhood, and supplies monetary assist to quite a lot of native organizations.
- Historical past: SECU NM was based in 1937 by a bunch of state staff who pooled their cash to create a protected and reasonably priced place to save lots of and borrow cash.
- Development: The credit score union has grown steadily over time, and now has over 100,000 members and $1 billion in belongings.
- Mission: SECU NM’s mission is to offer reasonably priced monetary services that empower its members to attain monetary success.
- Imaginative and prescient: SECU NM’s imaginative and prescient is to be the monetary establishment of alternative for state staff in New Mexico.
- Values: SECU NM’s values are integrity, service, and excellence.
These key facets spotlight the significance of SECU NM to its members and the neighborhood. The credit score union’s dedication to offering reasonably priced monetary services, monetary schooling, and neighborhood assist make it a precious useful resource for state staff in New Mexico.
Monetary providers
State Workers Credit score Union of New Mexico (SECU NM) is a monetary cooperative that gives banking and monetary providers to state staff, their households, and choose employer teams in New Mexico. The vary of monetary providers 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 reasonably priced monetary services that empower its members to attain monetary success.
The provision of those monetary providers is crucial for state staff to fulfill their monetary wants. Checking and financial savings accounts enable state staff 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 staff with a handy and safe method to make purchases and construct credit score.
Along with offering important monetary providers, SECU NM additionally gives quite a lot of monetary schooling assets to assist its members make knowledgeable monetary choices. These assets embody on-line articles, webinars, and workshops on subjects akin to budgeting, saving, and investing. SECU NM’s dedication to monetary schooling is a precious useful resource for state staff, serving to them to enhance their monetary literacy and make sound monetary choices.
The monetary providers supplied by SECU NM are tailor-made to the particular wants of state staff. For instance, SECU NM gives quite a lot of mortgage merchandise with aggressive rates of interest and versatile reimbursement phrases. SECU NM additionally gives quite a lot of financial savings merchandise with aggressive rates of interest, serving to state staff to save lots of for the longer term.
SECU NM’s monetary providers are important for state staff to fulfill their monetary wants. The credit score union’s dedication to offering reasonably priced monetary services, monetary schooling, and neighborhood assist make it a precious useful resource for state staff in New Mexico.
Monetary schooling
Monetary schooling is a vital part of the providers supplied by State Workers Credit score Union of New Mexico (SECU NM). The credit score union’s dedication to monetary schooling is obvious within the number of assets it gives to its members, together with on-line articles, webinars, and workshops on subjects akin to budgeting, saving, and investing.
- Budgeting: SECU NM supplies its members with quite a lot of assets on budgeting, together with on-line articles, webinars, and workshops. These assets may also help state staff to create and stick with a price range, which is crucial for attaining monetary success.
- Saving: SECU NM additionally gives quite a lot of assets on saving, together with on-line articles, webinars, and workshops. These assets may also help state staff to develop a financial savings plan and attain their financial savings objectives.
- Investing: SECU NM supplies its members with quite a lot of assets on investing, together with on-line articles, webinars, and workshops. These assets may also help state staff to find out about completely different funding choices and make knowledgeable funding choices.
- Credit score counseling: SECU NM gives its members free credit score counseling providers. These providers may also help state staff to enhance their credit score scores and handle their debt.
SECU NM’s dedication to monetary schooling is a precious useful resource for state staff. The credit score union’s monetary schooling assets may also help state staff to make knowledgeable monetary choices and obtain monetary success.
Member-owned
State Workers Credit score Union of New Mexico (SECU NM) is a member-owned monetary cooperative serving state staff, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer reasonably priced monetary services that empower its members to attain monetary success.
The member-owned construction of SECU NM is a key think about its skill to offer reasonably priced monetary services to its members. In contrast to conventional banks, that are owned by shareholders, SECU NM is owned by its members. Because of this SECU NM’s earnings aren’t 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 supplies an a variety of benefits to its members. First, it ensures that SECU NM is all the time targeted on the perfect pursuits of its members, slightly 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 provides members a voice within the governance of the credit score union, by way of the election of a board of administrators from the membership.
The member-owned construction of SECU NM is a vital think about its success. It permits SECU NM to offer its members with reasonably priced monetary services, and to deal with the perfect pursuits of its members.
Listed below 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 median 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 schooling program for its members, offering them with the instruments and assets they should make knowledgeable monetary choices.
These are just some examples of how the member-owned construction of SECU NM advantages its members. By returning its earnings 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 attain monetary success.
The member-owned construction of SECU NM is a key a part of its mission to offer reasonably priced monetary services that empower its members to attain monetary success. By understanding the connection between the member-owned construction of SECU NM and its skill to offer reasonably priced monetary services, state staff could make knowledgeable choices about the place to financial institution.
Not-for-profit
The not-for-profit standing of State Workers Credit score Union of New Mexico (SECU NM) is a vital think about its skill to offer reasonably priced monetary services to its members. In contrast to conventional banks, that are profit-driven, SECU NM is targeted on offering its members with the absolute best monetary providers on the lowest attainable value.
One of many ways in which SECU NM is ready to present reasonably priced monetary services to its members is by not having to pay taxes on its earnings. This permits SECU NM to move 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 median 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 reasonably priced monetary services, SECU NM additionally supplies quite a lot of monetary schooling assets to its members. These assets embody on-line articles, webinars, and workshops on subjects akin to budgeting, saving, and investing. SECU NM’s dedication to monetary schooling is a precious useful resource for state staff, 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 skill to offer reasonably priced monetary services to its members. By not having to pay taxes on its earnings, SECU NM is ready to move 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.
Neighborhood assist
State Workers Credit score Union of New Mexico (SECU NM) is a robust supporter of the New Mexico neighborhood, and supplies monetary assist to quite a lot of native organizations. This neighborhood assist is a vital element of SECU NM’s mission to offer reasonably priced monetary services that empower its members to attain monetary success.
By supporting native organizations, SECU NM helps to create a stronger and extra vibrant neighborhood for its members. For instance, SECU NM supplies monetary assist to quite a lot of organizations that present important providers to the neighborhood, akin to meals banks, homeless shelters, and reasonably priced housing applications.
SECU NM additionally helps quite a lot of organizations that present academic and cultural alternatives for the neighborhood. For instance, SECU NM supplies monetary assist to varsities, libraries, and museums.
The neighborhood assist supplied by SECU NM is a precious useful resource for the state of New Mexico. By supporting native organizations, SECU NM helps to create a stronger and extra vibrant neighborhood for its members.
Listed below are some real-life examples of how SECU NM’s neighborhood assist advantages the state of New Mexico:
In 2020, SECU NM donated $100,000 to the New Mexico Coalition Towards Home Violence to assist their work to offer shelter and providers to victims of home violence.In 2021, SECU NM donated $50,000 to the United Means of New Mexico to assist their work to offer meals, shelter, and different important providers to households in want.In 2022, SECU NM donated $25,000 to the New Mexico Museum of Artwork to assist their academic applications.These are just some examples of how SECU NM’s neighborhood assist advantages the state of New Mexico. By supporting native organizations, SECU NM helps to create a stronger and extra vibrant neighborhood for its members.
The neighborhood assist supplied by SECU NM is a vital a part of its mission to offer reasonably priced monetary services that empower its members to attain monetary success. By understanding the connection between neighborhood assist and the mission of SECU NM, state staff could make knowledgeable choices about the place to financial institution.
Historical past
The historical past of State Workers Credit score Union of New Mexico (SECU NM) is intently tied to its mission to offer reasonably priced monetary services that empower its members to attain monetary success. SECU NM was based in 1937 by a bunch of state staff who pooled their cash to create a protected and reasonably priced place to save lots of and borrow cash. This historical past has formed SECU NM’s dedication to offering its members with the absolute best monetary providers on the lowest attainable 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 staff. The founders of SECU NM have been state staff themselves, and so they knew firsthand the challenges that state staff face in managing their funds. This understanding has led SECU NM to develop a spread of monetary services which can be tailor-made to the particular wants of state staff.
For instance, SECU NM gives quite a lot of mortgage merchandise with aggressive rates of interest and versatile reimbursement phrases. SECU NM additionally gives quite a lot of financial savings merchandise with aggressive rates of interest, serving to state staff to save lots of for the longer term. As well as, SECU NM supplies quite a lot of monetary schooling assets 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 staff deserved to have entry to the identical high-quality monetary providers as anybody else. This dedication to service has led SECU NM to put money into its staff and its know-how, making certain that its members have entry to the absolute best monetary providers.
The connection between SECU NM’s historical past and its mission to offer reasonably priced monetary services that empower its members to attain monetary success is obvious in every thing that the credit score union does. From the services it gives to the best way it serves its members, SECU NM is dedicated to offering its members with the absolute best monetary expertise.
Development
The expansion of State Workers Credit score Union of New Mexico (SECU NM) is a testomony to its mission to offer reasonably priced monetary services that empower its members to attain 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 progress is due partially to SECU NM’s dedication to offering its members with the absolute best monetary providers on the lowest attainable value. For instance, SECU NM gives quite a lot of mortgage merchandise with aggressive rates of interest and versatile reimbursement phrases. SECU NM additionally gives quite a lot of financial savings merchandise with aggressive rates of interest, serving to state staff to save lots of for the longer term. As well as, SECU NM supplies quite a lot of monetary schooling assets to its members, serving to them to enhance their monetary literacy and make sound monetary choices.
The expansion of SECU NM can be on account of its dedication to offering its members with the very best degree of service and assist. SECU NM’s staff are devoted to offering its members with the absolute best monetary expertise. This dedication to service has led SECU NM to put money into its staff and its know-how, making certain that its members have entry to the absolute best monetary providers.
The expansion of SECU NM is a constructive growth for the state of New Mexico. SECU NM is a robust supporter of the New Mexico neighborhood, and supplies monetary assist to quite a lot of native organizations. This neighborhood assist helps to create a stronger and extra vibrant neighborhood for all New Mexicans.
The connection between SECU NM’s progress and its mission to offer reasonably priced monetary services that empower its members to attain monetary success is obvious in every thing that the credit score union does. From the services it gives to the best way it serves its members, SECU NM is dedicated to offering its members with the absolute best monetary expertise.
Mission
The mission of State Workers Credit score Union of New Mexico (SECU NM) is immediately tied to its id as a state staff 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 reasonably priced monetary services. Because of this 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 lower your expenses and develop their wealth.
- Empowering members: SECU NM believes in empowering its members to attain monetary success. That is mirrored within the credit score union’s dedication to monetary schooling, offering assets 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.
- Neighborhood involvement: SECU NM’s mission extends past its members to the broader neighborhood. 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 staff credit score union is obvious in every thing the credit score union does. From the services it gives to the best way it serves its members, SECU NM is dedicated to offering its members with the absolute best monetary expertise.
Imaginative and prescient
State Workers Credit score Union of New Mexico (SECU NM) is a monetary cooperative that gives banking and monetary providers to state staff, their households, and choose employer teams in New Mexico. As a state staff credit score union, SECU NM’s imaginative and prescient is immediately tied to its mission to offer reasonably priced monetary services that empower its members to attain monetary success.
SECU NM’s imaginative and prescient of being the monetary establishment of alternative for state staff 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 variety of elements, together with:
- Give attention to affordability: SECU NM gives a spread of monetary services with aggressive rates of interest and charges, making it a pretty choice for state staff 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 staff 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 staff 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 staff in New Mexico can be supported by its robust monetary efficiency. The credit score union has a protracted historical past of monetary stability and progress, 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 staff credit score union is obvious in every thing the credit score union does. From the services it gives to the best way it serves its members, SECU NM is dedicated to offering its members with the absolute best monetary expertise.
Values
The values of a monetary establishment are important to understanding its mission and goal. State Workers Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative that gives banking and monetary providers to state staff, their households, and choose employer teams in New Mexico. SECU NM’s values of integrity, service, and excellence are deeply linked to its id as a state staff 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, staff, and the neighborhood. SECU NM’s dedication to integrity is obvious in its monetary reporting, its compliance with all relevant legal guidelines and laws, 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 cell banking providers.
Excellence: SECU NM strives to offer its members with the absolute best monetary services. This implies continuously 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 big selection of monetary services.
The values of integrity, service, and excellence are important to SECU NM’s success as a state staff credit score union. These values information every thing 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 develop into the monetary establishment of alternative for state staff in New Mexico.
Continuously Requested Questions on State Workers Credit score Union of New Mexico (SECU NM)
State Workers Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state staff, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM’s mission is to offer reasonably priced monetary services that empower its members to attain monetary success.
Query 1: What’s SECU NM?
SECU NM is a monetary cooperative that gives banking and monetary providers to state staff, their households, and choose employer teams in New Mexico.
Query 2: Who can be part of SECU NM?
State staff, their households, and choose employer teams are eligible to hitch SECU NM.
Query 3: What kinds of monetary services does SECU NM provide?
SECU NM gives a spread of monetary services, 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 gives 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 quite a lot of monetary schooling assets.
Query 5: How do I develop into a member of SECU NM?
To develop 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’ll be able to be part of SECU NM by visiting one among our branches or by finishing a web-based software.
Query 6: How do I contact SECU NM?
You’ll be able to 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 reasonably priced monetary services to state staff, 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 Concerning State Workers Credit score Union of New Mexico (SECU NM)
State Workers Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state staff, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM supplies reasonably priced monetary services to empower its members to attain monetary success.
Tip 1: Take into account becoming a member of SECU NM in case you are eligible.
SECU NM gives a spread of monetary services which can be tailor-made to the wants of state staff, together with aggressive rates of interest on loans and financial savings accounts, low charges, and entry to quite a lot of monetary schooling assets.
Tip 2: Make the most of SECU NM’s monetary schooling assets.
SECU NM gives quite a lot of monetary schooling assets to assist its members make knowledgeable monetary choices. These assets embody on-line articles, webinars, and workshops on subjects akin to budgeting, saving, and investing.
Tip 3: Use SECU NM’s cell banking app to handle your funds on the go.
SECU NM’s cell banking app permits you to verify your account balances, switch cash, and pay payments out of your smartphone or pill.
Tip 4: Make the most of SECU NM’s low mortgage charges.
SECU NM gives quite a lot 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 gives quite a lot 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 tips, you possibly can 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 Workers Credit score Union of New Mexico (SECU NM) is a not-for-profit monetary cooperative serving state staff, their households, and choose employer teams in New Mexico. As a member-owned establishment, SECU NM is dedicated to offering reasonably priced monetary services that empower its members to attain monetary success.
SECU NM gives a spread of monetary services, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards. SECU NM additionally supplies quite a lot of monetary schooling assets to assist its members make knowledgeable monetary choices.
SECU NM is a robust supporter of the New Mexico neighborhood and supplies monetary assist to quite a lot 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 staff in New Mexico.
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