History and Structure
State Employees Community Credit Union is a voluntary, nonprofit, cooperative association of individuals sharing a common employment bond as defined by our field of membership. Each member is an owner of the Credit Union and is entitled to a single vote regarding the business of the Credit Union. The State Employees Community Credit Union was established to provide employees and family members a means to save and borrow money.
The Board is directly responsible to the Membership. The Supervisory Committee is the Credit Union’s and the Membership’s watchdog. While it is appointed by the Board from the Credit Union’s Membership, it too is directly responsible to the Membership. The Committee is responsible for regulatory and procedural compliance and Credit Union safety and soundness. The Credit Union President is hired by the Board of Directors. The President reports directly to the Board. The President is responsible for the execution of the Board’s directions in the daily operations of the Credit Union and in meeting Members’ expectations. The President hires and manages the performance of all staff for the benefit of the Membership.
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