MAKE PURCHASES WITH ONE SIMPLE SWIPE.
It’s so much easier to pay for things than it used to be. Our free Visa® debit card is faster than writing a check and safer than carrying cash. Plus, it’s accepted almost anywhere. So make purchases online or down at the corner store, and know that you can do so securely and easily.
- Make purchases anytime, anywhere Visa® is accepted
- Free with any State ECU checking account
- Withdraw cash at ATMs
- Free ATM access nationwide
- Faster than writing a check
- More secure than carrying cash
- Accepted worldwide
- Easily replaced if lost or stolen
Earn rewards for using your debit card
Your debit card is a gateway to rewards that matter with our free Kasasa® checking accounts.
Enhanced Security for your Debit and Credit Cards
State Employee's Credit Union now offers debit cards with chip technology. The embedded computer chip provides more security and wider international acceptance.
A microchip embedded in the card adds a new layer of protection against fraud for purchases made at the point of sale. Information programmed into the chip is personalized for your account and each transaction generates a unique code, adding an extra safeguard against unauthorized use and counterfeiting.
These cards are already in wide use around the world and are now becoming the standard in the U.S.
Follow these steps to use your card at a chip-enabled terminal:
- Insert your card, face up and chip end into the chip-enabled terminal.
- Leave the card in the terminal during the entire transaction.
- Follow the instructions on the screen and either sign your name or enter your PIN as needed. Be sure to remove your card and take your receipt when the transaction is complete.
If a merchant isn't using a new chip-enabled terminal yet
You will 'swipe' your card to make your purchase, just as you do today. Chip cards will continue to have the magnetic stripe on the back.
Online or phone purchases
Provide your card information as you have done in the past. Chip cards will not change the way payments are made online or by telephone.
ATM
The process is essentially the same as at a merchant. Insert your card, leave it in the ATM, and follow the prompts on the screen. Depending on the type of ATM, you might be prompted to re-insert your card. Leave the card in the ATM until the transaction is complete and the card is released, and then remove your card. A PIN is needed for ATM transactions.
When will the change happen?
Even though chip cards have started being issued in the U.S. and some merchants have already installed chip-enabled card terminals for payment, the entire conversion process is expected to take a few years to complete.
That's why chip cards will continue to have a magnetic stripe on the back. That way, if a merchant's terminal or an ATM is not yet chip-enabled, your transaction can still be processed using the magnetic stripe as it is today.
How am I protected?
With Zero Liability–All debit and credit cards that we issue come with 'zero liability protection,' so you are not held liable for unauthorized transactions if a card is stolen, lost or fraudulently used at a merchant or online. It is important that you promptly report a lost or stolen card or any suspicious transactions. See the applicable agreement for your account on liability and reporting requirements for unauthorized transactions.
Frequently Asked Questions
What are chip cards?
A chip card - also called a smart card or an EMV card - is a debit or credit card that contains a microprocessor that enhances the security of cards during point-of-sale transactions.
These cards, already in use in much of the world, use a security standard originally developed by Europay, MasterCard and Visa (EMV) as a way to fight card fraud resulting from theft, skimming andcounterfeiting. The EMV technology has been adopted by the other major card brands and issuers.
Is a chip card more secure than my current card?
Yes. Chip cards add an additional layer of security to the safeguards that already protect your card. Each time you use your chip card, it generates a code that is unique to that transaction. This makes it harder to counterfeit your card or to use it fraudulently for in-store purchases.
How do I use them?
When used at merchants with chip-enabled card terminals it's as easy as:
- Insert the card, face up and chip end first, into the terminal.
- Leave the card in the terminal during the entire transaction.
- Follow the instructions on the screen and either sign or enter your PIN as needed. Be sure to remove your card and take your receipt when the transaction is complete.
For merchants without chip-enabled terminals, you will 'swipe' your card through the terminal, just as you do today.
Can I use my chip card anywhere?
Yes. Your chip card can be used virtually anywhere Visa is accepted in the U.S. and around the world. If a merchant has a chip-enabled card terminal, you will insert your card during the transaction. In the U.S., you will still be able to 'swipe' your card to make your payment if a merchant has a regular terminal. You will need a PIN to be able to make a transaction at an ATM.
Do I need to sign the back of the card?
Yes. You still need to sign the back of your card.
Can I use it to make purchases online or by phone?
Yes. You can use your chip card to make these purchases as you do today.
Can I use my card at an ATM?
Yes. For ATM transactions, insert your card into terminal and follow the instructions on the screen. Depending on the type of ATM, you might be prompted to re-insert your card. Leave the card in the ATM until the transaction is complete and the card is released, and then remove your card and any money you might have withdrawn.
What is the difference between chip and signature and chip and PIN?
You may be asked to provide your signature or enter your PIN to complete a transaction when you use your card. You will need to use your PIN at ATMs and it may be required at some unattended terminals such as fuel pumps and payment kiosks.
What if my card is lost or stolen?
It's important to report a lost or stolen card immediately. Keep a record of the telephone number on the back of your card and call it if necessary. Phone numbers also appear on the credit union's website.
Can I use my chip card with Apple Pay™?
The credit union is in the process of working with Apple, Android andSamsung to make these services available. We expect to offer these services sometime in 2016 and we'll be sure to promote when we launch these added services.
Will chip cards prevent data breaches?
While chip cards won't prevent the types of large-scale data breaches that have hit some merchants, they do make it extremely difficult to produce counterfeit cards from that stolen data.
CONTACT US FOR MORE INFORMATION
Call us at (505) 983-7328 or 1-800-983-7328 or stop by any of our branches if you have additional questions about chip cards, or if you are interested in opening an account.
Advantage+ Money Market
BALANCE | RATE | APY | BONUS RATE4 |
$100,000 minimum balance | 2.45% | 2.50% | 3.00% |
4Advantage+ Money Market Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
AUTO LOANS | TERM | INTEREST RATE APR (AS LOW AS) |
---|---|---|
New Vehicle (2022 - 2026) | 66 Month | 5.94% |
New Vehicle (Cost over $15,000) | 75 Month | 6.24% |
New Vehicle (Cost over $25,000) | 84 Month | 6.49% |
Used Vehicle Max Mileage 65K (2018-2021) | 84 month | 7.24% |
Used Vehicle (2018 - 2021) | 75 Month | 6.74% |
Used Vehicle Max Mileage 65K (2017-2021) | 75 Month | 7.74% |
Used Vehicle (2017 and older) | 66 Month | 7.24% |
Must add 1% to vehicles >100k miles
Must use J.D. Power retail on new 2023 models
AUTO LOANS | TERM | INTEREST RATE APR (AS LOW AS) |
---|---|---|
New Vehicle (2019 - 2022) |
66 Month | 2.69% |
New Vehicle (Cost over $15,000) | 75 Month | 2.99% |
New Vehicle (Cost over $25,000) |
84 Month | 3.09% |
Used Vehicle (2015 - 2018) |
72 Month | 3.24% |
Used Vehicle (2014 and older) |
60 Month | 3.74% |
Must add 1% to vehicles >100k miles
Must use J.D. Power retail on new 2019 models
Business Money Manager
BALANCE | RATE | APY |
$0 - $9,999.99 | 0.10% | 0.10% |
$10,000 - $49,999.99 | 0.20% | 0.20% |
$50,000 - $249,999.99 | 0.30% | 0.30% |
$250,000 - $499,999.99 | 0.35% | 0.35% |
$500,000 and above | 0.45% | 0.45% |
Business Money Market
BALANCE | RATE | APY |
$0 - $9,999.99 | 0.15% | 0.15% |
$10,000 - $49,999.99 | 1.75% | 1.75% |
$50,000 - $249,999.99 | 2.00% | 2.00% |
$250,000 - $499,999.99 | 2.25% | 2.25% |
$500,000 and above | 2.50% | 2.50% |
First Mortgage Loans
TERM | MAXIMUM AMOUNT FINANCED | APR | RATE |
---|---|---|---|
30 year (fixed) | 80% loan to value | Call for rate 800.983.7328 | |
30 year with 10 year call | 85% loan to value | Call for rate 800.983.7328 | |
15 year (fixed) | 80% loan to value | 6.42% | 6.25% |
^APR is based on $100,000 loan amount and a Loan Origination Fee of 1% plus a $50 Doc Prep Fee and $19 Flood Certification Fee. Minimum loan amount $10,000. 0.10% rate reduction on all Mortgage Loans with an existing State Employees Checking Account with State ECU. 0.15% rate reduction when signed up for Automatic Debit of payments. Rate and APR includes auto debit and State ECU checking account discounts. Rates start at listed percentages. Rates are subject to change without notice. Equal Housing Opportunity Lender. OAC
Home Equity Line of Credit
TERM | MAXIMUM AMOUNT FINANCED | APR | RATE |
---|---|---|---|
20 year (5 year draw) | 80% combined loan to value | 7.57% | 7.50% variable rate |
Floor rate of 6.00%. Document preparation fee of $200.00. Minimum loan amount $10,000.00 Interest only payment.
NMLS# 402473. Equal Opportunity Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Available for primary and second single-family homes. 1) 5-year draw with interest-only payments, followed by up-to 15-year repayment period. You can borrow up-to 75% of your home’s maximum loan to Value (LTV), with a maximum loan amount of $250,000. 2) Variable rate based on Wall Street Journal daily published Prime Rate, plus a margin up-to minus 1% determined by applicant’s credit score, with a floor rate of 6.00%APR, Annual Percentage Rate. Rates subject to change after loan is funded. $300 document preparation fee and a $75 annual fee apply. On approved credit. Offer begins 10/1/2024 and expires 12/31/2024.
Individual Retirement Accounts
TYPE | RATE | APY | MINIMUM BALANCE |
Traditional | 0.40% | 0.40% | $0 |
Roth | 0.40% | 0.40% | $0 |
Kasasa Cash*
BALANCE | RATE | APY |
Balances up to $50,000 | 1.53% | 1.55% |
Balances over $50,000 | 0.30% | 1.55% to 0.72% |
All balances if qualifications are not met | 0.05% | 0.05% |
Qualifications
To earn your rewards, just do the following transactions and activities in your Kasasa Cash® account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or ACH debit transactions post and settle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry. Your account is still free. You’ll also still earn our base dividend rate — and you can get right back to earning your full rewards the very next cycle that you qualify.
Kasasa Cash*
BALANCE | RATE | APY |
Balances up to $50,000 | 1.10% | 1.10% |
Balances over $50,000 | 0.30% | 1.10% to 0.57% |
All balances if qualifications are not met | 0.05% | 0.05% |
Qualifications
To earn your rewards, just do the following transactions and activities in your Kasasa Cash® account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or ACH debit transactions post and settle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry. Your account is still free. You’ll also still earn our base dividend rate — and you can get right back to earning your full rewards the very next cycle that you qualify.
Kasasa Saver*
BALANCE | RATE | APY |
Balances up to $50,000 | 0.60% | 0.60% |
Balances over $50,000 | 0.30% | 0.60% to 0.40% |
All balances if qualifications are not met | 0.05% | 0.05% |
Qualifications
Qualifying for your Kasasa Cash® or Kasasa Cash Back® rewards automatically qualifies you for the highest Kasasa Saver® rate too. To earn your rewards just do the following transactions and activities in your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or ACH debit transactions post and settle
- Have at least 10 debit card purchases post and settle
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
And if you don’t meet these qualifications, don’t worry. Your Kasasa accounts are still free. You’ll also earn our base dividend rate on Kasasa Saver — and you can get right back to earning your full rewards the very next cycle that you qualify.
Money Manager
BALANCE | RATE | APY |
$1,000 - $9,999 | 0.10% | 0.10% |
$10,000 - $24,999 | 0.15% | 0.15% |
$25,000 - $49,999 | 0.20% | 0.20% |
Over $50,000 | 0.30% | 0.30% |
Money Market
BALANCE | RATE | APY |
$0 - $9,999 | 0.15% | 0.15% |
$10,000 - $49,999 | 1.75% | 1.75% |
$50,000 - $249,999 | 2.00% | 2.00% |
$250,000 and above | 2.25% | 2.25% |
Other Secured Loans
OTHER SECURED LOANS | TERM | APR (AS LOW AS) |
---|---|---|
Share Secured | 60 Month | 2.00% over Account |
Certificate Secured | Maturity Date of CD | 2.00% over Certificate Rate |
RVs/Trailer Loans | 84 Month | 8.74% |
Motorcycle/Boat Loans | 60 Month | 7.74% |
Savings Accounts
ACCOUNT | RATE | APY | BALANCE REQUIRED | MINIMUM BALANCE TO EARN DIVIDENDS |
Member Savings | 0.15% | 0.15% | $5 | $300 |
Special Savings | 0.15% | 0.15% | $0 | $300 |
Club Accounts | 0.15% | 0.15% | $0 | $300 |
Uniform Gift to Minor Account | 0.15% | 0.15% | $0 | $300 |
Certificate Builder | 0.30% | 0.30% | $25 | $25 |
Second Mortgage Loans
TERM | MAXIMUM AMOUNT FINANCED | APR | RATE |
---|---|---|---|
20 year - 10 year call | 80% combined loan to value | 8.28%** | 8.13% |
10 year - fixed | 90% combined loan to value | 7.89%** | 7.63% |
10 year - fixed | 80% combined loan to value | 7.64%** | 7.38% |
** APR based on $50,000 and a Loan Origination Fee of 1%, plus a $50 Doc Prep Fee and $19 Flood Certification Fee. 0.10% rate reduction on all Mortgage Loans with an existing State Employees Checking Account with State ECU. 0.15% rate reduction when signed up for Automatic Debt of payments. Rate and APR includes auto debit and State ECU checking account discounts. Rates start at listed percentages. Rates are subject to change without notice. Equal Housing Opportunity Lender. OAC
Share Certificates
TERM | MINIMUM BALANCE | RATE | APY | BONUS RATE4 | EARLY WITHDRAWAL PENALTY |
6 Month | $1,000 | 4.426% | 4.50% | 5.00% | 90 Days Interest |
12 Month | $500 | 3.21% | 3.25% | 3.75% | 90 Days Interest |
24 Month1 | $1,000 | 2.72% | 2.75% | 3.25% | 180 Days Interest |
36 Month1 | $1,000 | 2.87% | 2.90% | 3.40% | 180 Days Interest |
48 Month2 | $1,000 | 2.97% | 3.00% | 3.50% | 270 Days Interest |
60 Month2 | $1,000 | 3.06% | 3.10% | 3.60% | 270 Days Interest |
Quarterly Dividends.
¹Dividend Transfer
²Dividend Transfer and Rising Rate Option Available
For Rising Rate Share Certificate accounts, the dividend rate and APY for your account may, at your option, change once during the original term of your certificate to the current rate being offered on certificates with the same term at the time your Rising Rate option is exercised. The Rising Rate option is only available on certificate accounts with terms of 48 or 60 months and is not available during any renewal term.
4Share Certificate Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
Share Certificates
TERM | MINIMUM BALANCE | RATE | APY | EARLY WITHDRAWAL PENALTY |
6 Month | $1,000 | 1.50% | 1.51% | 90 Days Interest |
7 Month | $1,000 | 3.00% | 3.03% | 90 Days Interest |
12 Month | $500 | 1.65% | 1.66% | 90 Days Interest |
15 Month | $1,000 | 2.00% | 2.02% | 90 Days Interest |
24 Month1 | $1,000 | 2.10% | 2.12% | 180 Days Interest |
36 Month1 | $1,000 | 2.20% | 2.22% | 180 Days Interest |
48 Month2 | $1,000 | 2.30% | 2.32% | 270 Days Interest |
60 Month2 | $1,000 | 2.40% | 2.42% | 270 Days Interest |
Quarterly Dividends.
¹Dividend Transfer
²Dividend Transfer and Rising Rate Option Available
For Rising Rate Share Certificate accounts, the dividend rate and APY for your account may, at your option, change once during the original term of your certificate to the current rate being offered on certificates with the same term at the time your Rising Rate option is exercised. The Rising Rate option is only available on certificate accounts with terms of 48 or 60 months and is not available during any renewal term.
Share Certificate Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
Share Certificates
TERM | MINIMUM BALANCE | RATE | APY | BONUS RATE4 | EARLY WITHDRAWAL PENALTY |
6 Month | $1,000 | 3.89% | 3.95% | 4.45% | 90 Days Interest |
12 Month | $500 | 3.64% | 3.69% | 4.19% | 90 Days Interest |
24 Month1 | $1,000 | 2.72% | 2.75% | 3.25% | 180 Days Interest |
36 Month1 | $1,000 | 2.87% | 2.90% | 3.40% | 180 Days Interest |
48 Month2 | $1,000 | 2.57% | 2.60% | 3.10% | 270 Days Interest |
60 Month2 | $1,000 | 2.57% | 2.60% | 3.10% | 270 Days Interest |
Quarterly Dividends.
¹Dividend Transfer
²Dividend Transfer and Rising Rate Option Available
For Rising Rate Share Certificate accounts, the dividend rate and APY for your account may, at your option, change once during the original term of your certificate to the current rate being offered on certificates with the same term at the time your Rising Rate option is exercised. The Rising Rate option is only available on certificate accounts with terms of 48 or 60 months and is not available during any renewal term.
4Share Certificate Rate Bonus Conditions
- Active Checking Account +0.10%
- Full Direct Deposit +0.10%
- Active SECU Credit Card +0.10%
- Active Consumer Loan +0.10%
- Current Mortgage +0.10%
Unsecured Loans
UNSECURED LOANS | TERM | APR |
---|---|---|
Signature Loans | 36 Month | 10.74% |
Visa Platinum | Non-variable Rate | 7.50% |
Visa Gold | Non-variable Rate | 9.25% |
Visa Classic | Non-variable Rate | 12.50% |
Line of Credit | Revolving | 10.74% |