Payments

SECU achieves more than $5B in assets

Image via Istock.com

June 16, 2022

SECU, the largest state-chartered credit union in Maryland, has surpassed more than $5 billion in assets.

To celebrate this, SECU and its MD Foundation will donate $1 million in community impact grants over the next five years. The credit union will donate the money in memory of its longest serving board member Donald Tynes Sr., according to a press release.

"The achievement of this milestone reflects our ability to best support the growth and financial stability of our members and communities," Dave Sweiderk, president and CEO of SECU, said in the release. "It positions us to continue to serve our members in impactful ways while carefully monitoring and anticipating future needs. What better way to commemorate $5 billion in assets and serve communities across Maryland than to offer a living embodiment of the life and service of Donald, who served 47 dedicated years on our Board of Directors, and who was incredibly passionate about leaving our communities better than how we found them, always paying it forward."