About SEFCU

About SEFCU

What is a Credit Union?

Group of people icon

A credit union (like SEFCU) is a cooperative financial institution, owned and controlled by the people who use its services, called members.

group of people connected

Credit unions serve groups that share something in common, such as where they work, live, or worship.

Hand holding money icon

Credit unions are not-for-profit, and unlike banks, they work to turn profits into great rates for their members.

You can rest easy knowing your money is safe here. Like all federal credit unions, SEFCU is chartered, regulated, and insured by the National Credit Union Administration (NCUA), a U.S. government agency created for just this purpose. Member accounts are insured up to at least $250,000 per member account, and up to $250,000 for IRA accounts.

 

Our History

 

timeline

1934: SEFCU opens its doors

1990s: SEFCU Foundation

Gave employees a chance to raise money for children’s causes

2007-2008: A Shift in Thinking

We changed our measure of success from “dollars and cents” to “lives impacted”

2007: Voted Best

Times Union reader survey named us the Best Bank/Credit Union of the Capital Region

(an honor we have continued to earn every year since)

2013: Giving for Good

Established an easy way for members and employees to make a small monthly donation for the community.

Our Leadership Team

Executive Team

 

Not only is community a pillar of the organization, the community IS the organization. It is what we do. It’s the outcome of what we do...our mission now is to change lives.

– Michael J. Castellana,
President & CEO

 

Meet the Team

Board of Directors

 

I believe in the cooperative spirit where SEFCU is owned by the members it serves, and, importantly, SEFCU’s progressive agenda...for the communities we serve.’”

Ron Rock,
Chairman

 

Read Bios

Supervisory Committee

 

Meet the people who make sure we’re doing everything we can to protect your assets.



 

 

Read Bios

Security

We’re committed to ensuring your accounts are secure

SSL certificate iconSecure Sockets Layer (SSL) Encryption provides a secure channel for data transmission. Login security iconLogin process requires more than just a password to access your account. Online banking security iconOnline banking allows you to change passwords  at any time. SMS security iconYou can set up Text Alerts to notify you of balance and withdrawal changes. Email alerts iconEmail Alerts confirm any time your security settings are updated.

Rules We’re Bound By 

View all legal documents