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Similar Palmetto Citizens Federal C, Florida Credit Union, Credit Union National, National Credit Union Fo, Service Credit Union | ||
S.C. State Credit Union, a federal credit union commonly known as "State Credit Union," is headquartered in Columbia, South Carolina. It is the sixth largest credit union in the state measured by asset size, according to National Credit Union Administration reports as of September 2010. State Credit Union serves over 78,000 members and has assets of over $482 million as of June 30, 2010.
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In 2006, State Credit Union won the national Desjardins Youth Financial Education Award, which recognizes leadership in youth financial literacy. It is a National Network Representative of the High School Financial Planning Program offered through the National Endowment for Financial Education (NEFE). State Credit Union also has partnered with the South Carolina Department of Education and ETV to provide teacher training tools and renewal recertification credit to encourage financial literacy among young people.
History
State Credit Union originally was chartered as S.C. State Employees' Cooperative Credit Union on May 26, 1952. The first full-time staff member was employed in 1960. In 1975, the name was shortened to S.C. State Employees' Credit Union and the following year, the credit union moved into its own facility at 800 Huger Street. Over the years, the credit union expanded into new markets and currently operates 18 branches in 12 South Carolina cities.
Membership
In addition to serving city, county and state employees who are enrolled in SC Retirement Systems, State Credit Union membership is open to other specified groups. These include: 1) People who live, work or attend school in Aiken, Anderson, Florence, Greenwood, Oconee, Orangeburg, Pickens or Spartanburg County; 2) Students, professors or staff members of any SC Technical college or any state-chartered college or university; 3) Relatives (by blood or marriage) of existing members.