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 supply reasonably priced monetary services and products that empower its members to attain monetary success.
SECU NM presents a variety of monetary services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards. The credit score union additionally supplies a wide range of monetary schooling sources to assist its members make knowledgeable monetary selections. SECU NM is dedicated to offering its members with the 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 gaggle of state workers who pooled their cash to create a secure 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 group, and supplies 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 supply reasonably priced monetary services and products that empower its members to attain monetary success.
- Monetary companies: SECU NM presents a variety of monetary services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards.
- Monetary schooling: The credit score union additionally supplies a wide range of monetary schooling sources to assist its members make knowledgeable monetary selections.
- Member-owned: SECU NM is a member-owned establishment, that 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, that means that it doesn’t should pay taxes on its earnings. This enables the credit score union to cross on the financial savings to its members.
- Group assist: SECU NM is a robust supporter of the New Mexico group, and supplies monetary assist to a wide range of native organizations.
- Historical past: SECU NM was based in 1937 by a gaggle of state workers who pooled their cash to create a secure and reasonably priced place to save lots of and borrow cash.
- Progress: 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 supply reasonably priced monetary services and products 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 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 reasonably priced monetary services and products, monetary schooling, and group assist make it a useful 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 monetary companies supplied by SECU NM, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards, is a key part of its mission to supply reasonably priced monetary services and products that empower its members to attain monetary success.
The supply of those monetary companies is crucial for state workers to fulfill their monetary wants. Checking and financial savings accounts permit 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 strategy to make purchases and construct credit score.
Along with offering important monetary companies, SECU NM additionally presents a wide range of monetary schooling sources to assist its members make knowledgeable monetary selections. These sources embrace on-line articles, webinars, and workshops on subjects similar to budgeting, saving, and investing. SECU NM’s dedication to monetary schooling is a useful useful resource for state workers, serving to them to enhance their monetary literacy and make sound monetary selections.
The monetary companies supplied by SECU NM are tailor-made to the particular wants of state workers. For instance, SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest and versatile compensation 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 long run.
SECU NM’s monetary companies are important for state workers to fulfill their monetary wants. The credit score union’s dedication to offering reasonably priced monetary services and products, monetary schooling, and group assist make it a useful useful resource for state workers in New Mexico.
Monetary schooling
Monetary schooling is a vital part of the companies offered by State Staff Credit score Union of New Mexico (SECU NM). The credit score union’s dedication to monetary schooling is obvious within the number of sources it presents to its members, together with on-line articles, webinars, and workshops on subjects similar to budgeting, saving, and investing.
- Budgeting: SECU NM supplies 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 stick with a finances, 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 targets.
- Investing: SECU NM supplies 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 totally different funding choices and make knowledgeable funding selections.
- 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 schooling is a useful useful resource for state workers. The credit score union’s monetary schooling sources will help state workers to make knowledgeable monetary selections 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 supply reasonably priced monetary services and products that empower its members to attain monetary success.
The member-owned construction of SECU NM is a key consider its potential to supply reasonably priced monetary services and products to its members. In contrast to conventional banks, that are owned by shareholders, SECU NM is owned by its members. Which means 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 a number of advantages to its members. First, it ensures that SECU NM is at all times targeted on the most effective pursuits of its members, relatively than the pursuits of shareholders. Second, it permits SECU NM to supply 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, via the election of a board of administrators from the membership.
The member-owned construction of SECU NM is a vital consider its success. It permits SECU NM to supply its members with reasonably priced monetary services and products, and to deal with the most effective 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 schooling program for its members, offering them with the instruments and sources they should make knowledgeable monetary selections.
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 supply reasonably priced monetary services and products that empower its members to attain monetary success. By understanding the connection between the member-owned construction of SECU NM and its potential to supply reasonably priced monetary services and products, state workers could make knowledgeable selections 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 vital consider its potential to supply reasonably priced monetary services and products to its members. In contrast to conventional banks, that are profit-driven, SECU NM is concentrated on offering its members with the very best monetary companies on the lowest attainable price.
One of many ways in which SECU NM is ready to present reasonably priced monetary services and products to its members is by not having to pay taxes on its earnings. 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 reasonably priced monetary services and products, SECU NM additionally supplies a wide range of monetary schooling sources to its members. These sources embrace on-line articles, webinars, and workshops on subjects similar to budgeting, saving, and investing. SECU NM’s dedication to monetary schooling is a useful useful resource for state workers, serving to them to enhance their monetary literacy and make sound monetary selections.
The not-for-profit standing of SECU NM is a key consider its potential to supply reasonably priced monetary services and products to its members. By not having to pay taxes on its earnings, 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 robust supporter of the New Mexico group, and supplies monetary assist to a wide range of native organizations. This group assist is a vital part of SECU NM’s mission to supply reasonably priced monetary services and products that empower its members to attain monetary success.
By supporting native organizations, SECU NM helps to create a stronger and extra vibrant group for its members. For instance, SECU NM supplies monetary assist to a wide range of organizations that present important companies to the group, similar to meals banks, homeless shelters, and reasonably priced housing packages.
SECU NM additionally helps a wide range of organizations that present academic and cultural alternatives for the group. For instance, SECU NM supplies monetary assist to varsities, libraries, and museums.
The group assist offered by SECU NM is a useful 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 Towards Home Violence to assist their work to supply shelter and companies to victims of home violence.In 2021, SECU NM donated $50,000 to the United Means of New Mexico to assist their work to supply 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 just some 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 offered by SECU NM is a vital a part of its mission to supply reasonably priced monetary services and products that empower its members to attain monetary success. By understanding the connection between group assist and the mission of SECU NM, state workers could make knowledgeable selections about the place to financial institution.
Historical past
The historical past of State Staff Credit score Union of New Mexico (SECU NM) is carefully tied to its mission to supply reasonably priced monetary services and products that empower its members to attain monetary success. SECU NM was based in 1937 by a gaggle of state workers who pooled their cash to create a secure 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 very best monetary companies on the lowest attainable price.
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 have 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 monetary services and products which might be tailor-made to the particular wants of state workers.
For instance, SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest and versatile compensation 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 long run. As well as, SECU NM supplies a wide range of monetary schooling sources to its members, serving to them to enhance their monetary literacy and make sound monetary selections.
SECU NM’s historical past has additionally formed its dedication to offering its members with the 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 put money into its workers and its know-how, guaranteeing that its members have entry to the very best monetary companies.
The connection between SECU NM’s historical past and its mission to supply reasonably priced monetary services and products that empower its members to attain monetary success is obvious in all the pieces 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.
Progress
The expansion of State Staff Credit score Union of New Mexico (SECU NM) is a testomony to its mission to supply reasonably priced monetary services and products 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 development is due partly to SECU NM’s dedication to offering its members with the very best monetary companies on the lowest attainable price. For instance, SECU NM presents a wide range of mortgage merchandise with aggressive rates of interest and versatile compensation 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 long run. As well as, SECU NM supplies a wide range of monetary schooling sources to its members, serving to them to enhance their monetary literacy and make sound monetary selections.
The expansion of SECU NM can also be attributable to its dedication to offering its members with the 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 put money into its workers and its know-how, guaranteeing that its members have entry to the very best monetary companies.
The expansion of SECU NM is a constructive improvement for the state of New Mexico. SECU NM is a robust supporter of the New Mexico group, and supplies 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 supply reasonably priced monetary services and products that empower its members to attain monetary success is obvious in all the pieces 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 instantly tied to its identification 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.
- Concentrate on affordability: SECU NM’s mission emphasizes offering reasonably priced 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 attain monetary success. That is mirrored within the credit score union’s dedication to monetary schooling, offering sources and instruments to assist members make knowledgeable monetary selections.
- 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 selections 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 identification as a state workers credit score union is obvious in all the pieces 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 instantly tied to its mission to supply reasonably priced monetary services and products that empower its members to attain 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 variety of components, together with:
- Concentrate on affordability: SECU NM presents a variety of monetary services and products with aggressive rates of interest and charges, making it a gorgeous possibility for state workers trying to economize and develop their wealth.
- Comfort: SECU NM has a community of branches and ATMs situated 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 best degree of service and assist. The credit score union’s workers are devoted to serving to members obtain their monetary targets.
SECU NM’s imaginative and prescient of being the monetary establishment of alternative for state workers in New Mexico can also be supported by its sturdy monetary efficiency. The credit score union has an extended historical past of monetary 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 identification as a state workers credit score union is obvious in all the pieces 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 goal. 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 identification as a state workers credit score union.
Integrity: SECU NM is dedicated to working with the best moral requirements. This implies being sincere 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 honest lending practices.
Service: SECU NM is devoted to offering its members with the 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 targets. SECU NM’s dedication to service is obvious in its pleasant and educated workers, its handy department places and hours, and its on-line and cell banking companies.
Excellence: SECU NM strives to supply its members with the very best monetary services and products. This implies always innovating and bettering 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 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 all the pieces 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 grow to be the monetary establishment of alternative for state workers in New Mexico.
Ceaselessly 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 supply reasonably priced monetary services and products 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 companies to state workers, their households, and choose employer teams in New Mexico.
Query 2: Who can be a part of SECU NM?
State workers, their households, and choose employer teams are eligible to affix SECU NM.
Query 3: What kinds of monetary services and products does SECU NM provide?
SECU NM presents a variety of monetary 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 a number of advantages 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 schooling sources.
Query 5: How do I grow to be a member of SECU NM?
To grow to be a member of SECU NM, you should be a state worker, a member of the family of a state worker, or an worker of a choose employer group. You possibly can be a part of SECU NM by visiting considered one of our branches or by finishing a web based utility.
Query 6: How do I contact SECU NM?
You possibly can contact SECU NM by cellphone at (800) 432-1847 or by e mail at information@secunm.org.
Abstract: SECU NM is a monetary establishment that gives reasonably priced 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 best degree of service and assist.
Subsequent Article: The Advantages of Becoming a member of a Credit score Union
Suggestions Concerning 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 supplies reasonably priced monetary services and products to empower its members to attain monetary success.
Tip 1: Contemplate becoming a member of SECU NM if you’re eligible.
SECU NM presents a variety of monetary services and products which might 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 schooling sources.
Tip 2: Reap the benefits of SECU NM’s monetary schooling sources.
SECU NM presents a wide range of monetary schooling sources to assist its members make knowledgeable monetary selections. These sources embrace on-line articles, webinars, and workshops on subjects similar 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 examine your account balances, switch cash, and pay payments out of your smartphone or pill.
Tip 4: Reap the benefits of 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 tips, you may profit from your membership in SECU NM and obtain your monetary targets.
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 reasonably priced monetary services and products that empower its members to attain monetary success.
SECU NM presents a variety of monetary services and products, together with checking and financial savings accounts, auto loans, private loans, mortgages, and bank cards. SECU NM additionally supplies a wide range of monetary schooling sources to assist its members make knowledgeable monetary selections.
SECU NM is a robust supporter of the New Mexico group and supplies monetary assist to a wide range of native organizations. SECU NM is dedicated to offering its members with the 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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