February 2018

Rod Staatz, SECU's President and CEO, Announces Plans to Retire

Rod Staatz, SECU’s President and CEO, has announced his plans to retire at the end of 2018. Staatz has served as SECU’s President and CEO since 2003.

Under Staatz’s leadership, SECU’s assets have grown from $1.36 billion to more than $3.3 billion today. He has led SECU through numerous banking evolutions while implementing a comprehensive growth strategy for the organization, which has expanded under his leadership to 22 branches and more than a quarter of a million members.

Staatz will continue to serve as President and CEO of SECU through the transition until the end of this year. The SECU Board of Directors is working with Russell Reynolds Associates to identify potential candidates to succeed Staatz.

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SECU's 2018 Scholarship Program Now Accepting Applications

As part of our ongoing commitment to higher education, SECU has opened our 2018 Scholarship Program, offering scholarships to eligible SECU members and their families through the SECU MD Foundation.

The program includes three categories of scholarships:

  • The State Employee Scholarships, which are available to Maryland State employees and their immediate family members who are planning to attend college, graduate school, or trade school in the fall of 2018.
  • The SECU-University System of Maryland (USM) Scholarships, which offer scholarships to SECU members who are enrolled or accepted into a University System of Maryland institution for the fall 2018 semester.
  • The Donald Tynes, Sr. Scholarships, which offer five $2,000 scholarships to students enrolled in Morgan State University’s Graves School of Business.

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SECU Introduces a New Online and Mobile Banking Experience

SECU’s new online and mobile banking experience is here! We are pleased to introduce a new platform built around your needs with features developed from your feedback.

Members will be converted in phases, with the first phase launching this week. Members in the first phase have already been notified by email. All members will be converted around the end of February to early March.

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