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
CU opens as IBM Boca Raton Employees’ Federal Credit Union

1975
Checking/Sharedrafts are offered

1979
Visa Classic Card is offered

1980
Atlanta IBM Credit Union (Wildwood) merges with IBM Southeast EFCU

1982
ATMs are installed

1985
CU Headquarters is built in Boca Raton; assets reach $100M

1987
First mortgages are offered

1988
Lary McCants is named CEO
1990
Service Plus (call center) is started

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

1995
CU logo changes to a Diamond

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
South Cobb Branch opens in Smyrna, GA

2000
Barrett Parkway Branch in Atlanta is opened

2001
IBMSECU Service Excellence is introduced

2002
Southeast Florida Credit Union (Cypress Creek Branch) merges with IBM Southeast EFCU

2004
PGA Credit Union (Palm Beach Gardens Branch) merges with IBM Southeast EFCU

2005
Phenix Pride Federal Credit Union (Southlake and Federal Center Branches) merges with IBM Southeast EFCU

2006
H2O Credit Union (West Palm Beach Branch) merges with IBM Southeast EFCU

2008
Barfield Branch is opened; Yardwide Federal Credit Union (Mansell Commons Branch) merges with IBM Southeast EFCU

2009
Delray Beach Branch opens and becomes new Headquarters; CMAR Credit Union (Jasper and Marietta Branches) merges with IBM Southeast EFCU

2011
Facebook, Twitter, YouTube, and LinkedIn social media channels launch; iPhone and Android apps offered

2013
Lary B. McCants (CEO/President) retires after 25 years of service; Mike Miller (current CEO/President) joins the CU

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
Southeast Credit Union Foundation launches
2017
IBMSECU reaches $1 Billion in assets; Mackinac Savings Bank merges with IBMSECU
2018
Virtual branch is created to onboard members who have joined online