Cse Credit Union

Description

Connecticut State Employees' Credit Union was established in 1946 as a not-for-profit financial institution for State of Connecticut Employees. As a member owned cooperative, the CSE Credit Union has served as a great place to save, borrow and transact business for more than half a century. From humble beginnings in the State Office Building on Capitol Avenue in Hartford, the Credit Union has grown into a large financial institution with multiple locations across Connecticut. In the early 1980's the Credit Union expanded its field of membership to include all State employees as well as members of their family, organizations composed of State employees and retired State employees. The Credit Union is currently one of the largest 100 credit unions in the nation. Operation of the Credit Union is overseen by a seven-member board of directors. Directors are democratically elected annually to serve two-year terms. The Board of Directors appointed supervisory committee is charged with providing for an annual audit and ensuring proper internal controls exist. Dividends on Regular Shares, Checking Accounts and Club accounts are declared and paid quarterly. Dividends have been paid every quarter since inception. The CSE Credit Union is regarded as one of the best run and successful credit unions around.

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