Our Story, At a Glance

Our humble beginning of five IBM employees each pitching in a quarter to start our credit union has led us to over $1.132 Billion in assets, 19 branch locations, and over 83,000 members and counting. From our first branch established in 1969 to going virtual in 2018, we’ve surpassed milestones that seemed unimaginable 50 years ago. Although we’ve experienced nothing short of change and growth throughout the years, one thing remains the same: our commitment to our members.

 

Join us as we reflect and celebrate the accomplishments that paved the path to our golden anniversary.

1969

1969

CU opens as IBM Boca Raton Employees’ Federal Credit Union

1975

1975

Checking/Sharedrafts are offered

1979

1979

Visa Classic Card is offered

1980

1980

Atlanta IBM Credit Union (Wildwood) merges with IBM Southeast EFCU

1982

1982

ATMs are installed

1985

1985

CU Headquarters is built in Boca Raton; assets reach $100M

1987

1987

First mortgages are offered

1988

1988

Lary McCants is named CEO

1990

1990

Service Plus (call center) is started

1994

1994

CU celebrates its 25th anniversary on 09/17/1994

1995

1995

CU logo changes to a Diamond

1996

1996

Olympic Games held in Atlanta – the Olympic torch made its way around Atlanta Branches; Online Banking is launched; IBM closes Boca Raton facility

1997

1997

South Cobb Branch opens in Smyrna, GA

2000

2000

Barrett Parkway Branch in Atlanta is opened

2001

2001

IBMSECU Service Excellence is introduced

2002

2002

Southeast Florida Credit Union (Cypress Creek Branch) merges with IBM Southeast EFCU

2004

2004

PGA Credit Union (Palm Beach Gardens Branch) merges with IBM Southeast EFCU

2005

2005

Phenix Pride Federal Credit Union (Southlake and Federal Center Branches) merges with IBM Southeast EFCU

2006

2006

H2O Credit Union (West Palm Beach Branch) merges with IBM Southeast EFCU

2008

2008

Barfield Branch is opened; Yardwide Federal Credit Union (Mansell Commons Branch) merges with IBM Southeast EFCU

2009

2009

Delray Beach Branch opens and becomes new Headquarters; CMAR Credit Union (Jasper and Marietta Branches) merges with IBM Southeast EFCU

2011

2011

Facebook, Twitter, YouTube, and LinkedIn social media channels launch; iPhone and Android apps offered

2013

2013

Lary B. McCants (CEO/President) retires after 25 years of service; Mike Miller (current CEO/President) joins the CU

2015

2015

Name change takes place – now known as IBM Southeast Employees’ Credit Union (IBMSECU) due to our conversion from a Federal to a state Charter

2016

2016

Southeast Credit Union Foundation launches

2017

2017

IBMSECU reaches $1 Billion in assets; Mackinac Savings Bank merges with IBMSECU

2018

2018

Virtual branch is created to onboard members who have joined online