RALEIGH, N.C., July 7, 2015 (GLOBE NEWSWIRE) -- A delegation of Haixia banking executives from the Fujian Province of China visited State Employees' Credit Union (SECU) today to gain insight into the not-for-profit's cooperative structure and service philosophy. Jo Anne Sanford, Secretary/Treasurer of SECU's Board of Directors welcomed the delegates prior to a detailed discussion lead by representatives from SECU's management staff. Branch operations, deposit and loan products, and the member-funded SECU Foundation were some of the discussion highlights. The Credit Union visit was part of the group's 13-day tour through the eastern United States.
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Founded in December 1996, Fujian Haixia Bank is one of China's best performing financial institutions with a guiding principle of "people first." Their mission is for economic prosperity in the Fujian Province and to be a leader industrywide with reference to prominent investment value. The 25-member delegation represented various positions within the Fujian Haixia Bank's divisions and branches.
"This is the fourth occasion in eight years that State Employees' Credit Union has hosted a Chinese delegation. These visits provide SECU with an excellent opportunity to reach out globally to others in the financial industry to share the Credit Union's consumer-focused strategies and philosophy. We were pleased to speak with the Fujian Haixia Banking Delegation and hope they found the afternoon to be informative and beneficial," said Jo Anne Sanford.
Delegation member Hui Ye, Director of Retail Business for Fujian Haixia Bank, commented, "The atmosphere in the United States is very pleasant and welcoming. We enjoyed our visit to SECU and gained a lot of valuable information about the Credit Union's services and structure."
Representative Paul Stam, Speaker Pro Tempore of the North Carolina General Assembly, stated, "I appreciate State Employees' Credit Union welcoming the Fujian Haixia bank executives and explaining the many beneficial services it provides to North Carolina's state employees and their families."
A not-for-profit financial cooperative owned by its members, SECU has been providing employees of the State of North Carolina and their families with consumer financial services for 78 years. The Credit Union also offers a diversified line of financial advisory services including retirement and education planning, tax preparation, insurance, trusts, estate planning and investments through its partners and affiliated entities. SECU serves nearly 2 million members through 254 branch offices, over 1,100 ATMs, 24/7 Contact Centers and a website, www.ncsecu.org.
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Source:State Employees' Credit Union(SECU)