State Highway Credit Union
- Company typePrivate
- Founded1938
- HeadquartersUnion, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
State Highway Credit Union firmographics
Firmographics- Name
- State Highway Credit Union
- Legal name
- Washington State Employees Credit Union
- Website
- https://sthwycu.com
- Company type
- Private
- Founded year
- 1938
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
State Highway Credit Union industry classification
Industry- Product category
- Retail Banking
- NAICS
- Credit Unions (52213), Credit Unions (522130)
- SIC
- Savings Institution, Federally Chartered (6035)
- akta.pro primary industry
- Employer/Occupational Credit Unions (FSABAEAB)
- akta.pro secondary industry
- Military & Veterans Credit Unions (FSABAEAI)
Keywords
Where State Highway Credit Union is headquartered
LocationHeadquarters
- HQ city
- Union
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
State Highway Credit Union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Interest Income from Lending: Credit union generates revenue primarily through interest charged on loans including mortgages, auto loans, personal loans, home equity loans, and credit cards. Interest rates vary by product type and member creditworthiness.
- Fee-Based Services: Revenue generated from various banking fees including account maintenance, ATM usage, wire transfers, and other financial service charges.
- Share Certificate and Savings Interest: Members deposit funds in share certificates, savings accounts, and money market accounts. The credit union leverages these deposits to fund lending operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 6-Month Add-On Share Certificate - 3.35% APY |
| Subscription | Monthly | Home Equity Line of Credit - 6.49% - 9.50% APR |
| Subscription | Monthly | New Auto Loan (2024 and newer) - 5.30% - 12.34% APR |
| Transaction based/ take rate | Monthly | Cash Back Checking - up to 1% cash back |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
State Highway Credit Union product offering
Product offeringCore offering
State Highway Credit Union (WSECU) is a federally chartered, member-owned credit union that provides retail and small-business banking products to Washington state employees and their families. Core offerings include checking and savings accounts, share certificates, money market accounts, Visa credit cards, mortgages and home equity loans, auto and recreational vehicle loans, personal/student/Q-Cash loans, business banking (checking, lending, merchant services, payroll), insurance products (auto, home, life, Medicare, identity, pet), and retirement/investment planning through LPL advisors.
Product overview
State Highway Credit Union (WSECU) is a federally chartered credit union offering a comprehensive suite of banking and financial services. The credit union operates as a single-unified platform with multiple product categories including: retail banking (checking, savings, share certificates, money market accounts), credit cards (Visa-based Cash Back, Credit Building, and Low Rate cards), consumer lending (mortgage purchase/refinance, home equity, personal loans, auto loans, student loans, Q-Cash small-dollar loans), business banking (checking, savings, money market, term loans, lines of credit, commercial real estate, credit cards, insurance, merchant services, payroll), insurance products (auto, home, term life, Medicare, identity theft, pet), and investment/retirement services (college planning, retirement planning, employee retirement, financial goals, wealth protection). The institution also provides a mobile banking application with biometric authentication, remote deposit capture, and card management features. WSECU serves members through 25 branches, a network of 5,000+ shared branches, and 30,000+ ATMs nationwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Standard personal checking account offering early direct deposits, optional cash-back rewards on gas, restaurant and airline purchases (up to 1%), and automatic savings features for individual members.
- Youth Checking Checking account designed for young members, typically minors, with parental supervision features to support financial literacy and early banking experience.
- Personal Savings Standard savings account providing secure deposit storage with interest-earning potential for individual members.
- Youth Savings Savings account for young members designed to encourage financial literacy and healthy savings habits.
- Share Certificates Term deposit accounts (CDs) offering competitive fixed rates, including a 6-Month Add-On Share Certificate at 3.35% APY, for members seeking higher-yield savings.
- Money Market Accounts High-yield savings account providing easy cash access while earning more than most traditional savings accounts.
- Cash Back Credit Card Visa credit card offering automatic cash-back rewards on purchases (including gas, restaurant, and airline categories up to 1%) with no annual fees.
- WSECU Create Credit Building Credit Card Credit card designed to help members build or rebuild their credit history through responsible use.
- Low Rate Credit Card Visa credit card with a competitive interest rate designed for cost-conscious borrowers who carry a balance.
- Mortgage Purchase Loans Home purchase loans enabling members to finance the acquisition of a new primary residence.
- Mortgage Refinance Refinancing options for existing mortgages enabling members to lower interest rates or modify loan terms.
- First-Time Homebuyer Loans Specialized mortgage programs and education resources designed for first-time homebuyers.
- Home Equity Loan & Line of Credit Home equity products (loan and revolving line of credit) with APRs ranging from 6.49% to 9.50%, allowing homeowners to borrow against accumulated property equity.
- Personal Loans & Lines of Credit Unsecured personal loans and revolving lines of credit available for a range of consumer borrowing needs.
- Secured Loans & Lines of Credit Collateral-backed loans and lines of credit offering potentially lower rates for members willing to pledge security.
- Q-Cash & Q-Cash Plus Loans Short-term, small-dollar loan products designed to address members' emergency cash needs.
- Student Loans Education financing products for college tuition and vocational training expenses.
- Auto Loans Vehicle financing for new and used automobiles with APRs ranging from 5.30% to 12.34% for 2024 and newer models, based on credit history and term.
- Recreational Vehicle Loans Financing options for RVs, boats, and other recreational vehicles.
- Business Checking Commercial checking accounts designed for small business operational banking.
- Business Savings Business savings accounts used by small businesses to accumulate operating reserves.
- Business Money Market Business money market accounts offering higher yields on business deposits.
- Business Term Loan Fixed-term loans for small business capital needs, including specialty vehicle loans for business operations.
- Business Line of Credit Revolving credit facility providing small businesses with working capital and operational flexibility.
- Commercial Real Estate Loans Financing solutions for commercial property acquisition and development by small businesses.
- Business Credit Card Credit card products tailored for business spending and expense management.
- Business Insurance Insurance coverage options for protecting business operations and assets.
- Merchant Services Payment processing and merchant account services for small business point-of-sale and online transactions.
- Small Business Payroll Services Payroll processing and management solutions for small business employers.
- Auto Insurance Vehicle insurance coverage marketed with an average savings claim of $670 per year for members.
- Home Insurance Homeowners insurance coverage for property protection.
- Term Life Insurance Term life insurance products providing financial protection for beneficiaries.
- Medicare Insurance Medicare-related insurance products and member guidance for healthcare coverage in retirement.
- Identity Theft Protection Identity monitoring and protection services for members.
- Pet Insurance Insurance coverage for veterinary expenses and pet health.
- College Planning Education savings and planning services supporting higher education funding goals.
- Retirement Planning Retirement savings and investment planning services including IRA options and LPL Financial advisor support.
- Employee Retirement Planning Business retirement plan services including 401(k) and other employer-sponsored retirement plans.
- Financial Goals Planning Personalized financial planning services helping members achieve specific financial objectives.
- Wealth Protection Investment and insurance strategies designed to protect members' accumulated wealth.
- WSECU Mobile Banking App Full-featured mobile banking application enabling account access, biometric sign-in, fund transfers, loan payments, remote check deposits, and card lock/unlock management.
Quantifiable outcome
- Save an average of $670 a year on auto insurance
- +1 more outcomes
Companies that use State Highway Credit Union
Customer profileSegments3 records
Ideal customer profiles3 records
State Highway Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
State Highway Credit Union partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
State Highway Credit Union competitors and assessment
Company assessmentRegional players
- Oregon Community Credit Union: Pacific Northwest credit union offering comparable consumer and mortgage products. Geographic overlap with WSECU's service area and similar occupational/community charter model.
Emerging players
- Alliant Credit Union: Digital-first, open-membership credit union known for high-yield deposits and competitive CD/share certificate rates — directly competing with WSECU on deposit gathering and digital member acquisition.
Direct peers
- First Tech Federal Credit Union: Employer-affiliated (technology industry) credit union with national footprint via digital channels and shared branching. Comparable full-service platform including lending, cards, and business banking.
- Spokane Teachers Credit Union (STCU): Washington and Idaho credit union originally serving educators, now community-chartered. Closely comparable as a Washington-headquartered, full-service credit union with similar employer-affiliated heritage and member base.
- BECU (Boeing Employees Credit Union): Washington-state headquartered, employer-affiliated credit union serving Boeing employees and the broader community. Most direct comparable in geography, occupational charter heritage, scale, and full-service banking/lending model.
- SchoolsFirst Federal Credit Union: Large employer-affiliated credit union serving California school employees; structurally similar occupational charter, full product suite, and member-owned governance model.
- OnPoint Community Credit Union: Oregon-based community credit union that expanded charter to Washington residents, directly overlapping WSECU's Pacific Northwest footprint and competing for the same digital-first consumer segment.
Broad incumbents
- Mountain America Credit Union: Large multi-state credit union with comparable consumer, mortgage, business, and wealth offerings; useful proxy for digital channel scaling and product breadth at scale.
- PenFed Credit Union: Large, geographically diverse credit union with strong mortgage, auto, and credit card franchises — comparable in product breadth and member-owned structure, with materially larger scale.
- America First Credit Union: One of the largest U.S. credit unions with broad community charter and comprehensive product suite including business banking and insurance — a scale benchmark for WSECU's growth ambitions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
State Highway Credit Union social profiles
Digital presenceState Highway Credit Union compliance and trust
Trust signalCompliance3 records
State Highway Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
State Highway Credit Union leadership team
Management profileNumber of profiles
State Highway Credit Union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
State Highway Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about State Highway Credit Union
What does State Highway Credit Union do?
State Highway Credit Union (WSECU) is a federally chartered, member-owned credit union that provides retail and small-business banking products to Washington state employees and their families. Core offerings include checking and savings accounts, share certificates, money market accounts, Visa credit cards, mortgages and home equity loans, auto and recreational vehicle loans, personal/student/Q-Cash loans, business banking (checking, lending, merchant services, payroll), insurance products (auto, home, life, Medicare, identity, pet), and retirement/investment planning through LPL advisors.
Is State Highway Credit Union a public or private company?
State Highway Credit Union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was State Highway Credit Union founded?
State Highway Credit Union was founded in 1938. It employs 1 to 10 people.
Where is State Highway Credit Union based?
State Highway Credit Union is headquartered in Union, United States, in the North America region.
How does State Highway Credit Union make money?
Three revenue lines are on record. Interest Income from Lending is the primary driver. The others are fee-Based Services and share Certificate and Savings Interest.
Who are State Highway Credit Union's main competitors?
Oregon Community Credit Union is listed as a regional player. Alliant Credit Union is listed as an emerging player. Direct peers are First Tech Federal Credit Union, Spokane Teachers Credit Union (STCU), BECU (Boeing Employees Credit Union), SchoolsFirst Federal Credit Union and OnPoint Community Credit Union. Broad incumbents are Mountain America Credit Union, PenFed Credit Union and America First Credit Union.
Does State Highway Credit Union have an API?
No public API is recorded for State Highway Credit Union.
What industry is State Highway Credit Union in?
State Highway Credit Union's product category is Retail Banking. Its primary akta.pro industry code is FSABAEAB, Employer/Occupational Credit Unions, with a secondary code of FSABAEAI, Military & Veterans Credit Unions. Its NAICS code is 52213 and its SIC code is 6035.