One of the largest credit unions in the US, State Employees' Credit Union (SECU) was founded in 1937 to serve state and public school employees in North Carolina. The financial institution boasts more than 240 offices that serve its more than 1.7 million members. The member-owned non-profit credit union offers standard retail financial services, such as individual retirement accounts, term certificates, and credit cards, as well as checking, savings, and money market accounts. Its lending activities include home mortgages, car loans, boat loans, and personal loans. SECU also sells auto and homeowners insurance, as well as term life, health and long-term care coverage.