S.C. State Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | May 26, 1952 |
| Headquarters | Columbia , United States |
Area served | South Carolina |
| Products | Financial services |
State Credit Union, a federally chartered credit union located in Columbia, South Carolina, holds the position of the sixth largest credit union in the state by asset size, as reported by the National Credit Union Administration in September 2010. As of December 2024, it manages assets surpassing $1.33 billion and serves a membership base exceeding 100,000 individuals.
History
Established on May 26, 1952, under the name S.C. State Employees' Cooperative Credit Union, the institution hired its first dedicated full-time employee in 1960. In 1975, the credit union adopted the name S.C. State Employees' Credit Union and relocated to a dedicated building at 800 Huger Street in 1976. Since then, it has grown to operate 20 branches distributed across 12 cities within South Carolina.
Membership
The primary membership for State Credit Union includes employees of city, county, and state government who participate in South Carolina Retirement Systems. Additionally, eligibility extends to:
- Individuals living, working, or studying in the counties of Aiken, Anderson, Florence, Greenwood, Oconee, Orangeburg, Pickens, or Spartanburg;
- Students, faculty members, and staff affiliated with any South Carolina Technical College or state-chartered college or university;
- Family members related by blood or marriage to existing members.