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Security Service FCU Reaches $7 Billion in Assets
Monday, March 18, 2013 8:35 AM


Security Service FCU (SSFCU) officials says the credit union has reached $7 billion in assets. Headquartered in San Antonio, SSFCU officials attribute the credit union’s success to its conservative business principles, sound lending and controlled growth over the last several years, its quality service to members along with competitive products and services, and its convenient service delivery channels.

“Security Service is fortunate to be in such a positive position,” says Jim Laffoon, SSFCU president. “The trust and loyalty we have received from our members over the years and the service our employees provide them have played key roles in our credit union’s success.”

Security Service is the eighth largest credit union in the nation and is also the largest credit union in Texas, Colorado and Utah where it operates 70 locations. Callahan & Associates, Inc. has named SSFCU for more than 10 consecutive years the number one indirect auto lender among credit unions in the nation.

“We plan to move forward at full speed focusing on building new capabilities and adding product offerings that will be relevant to our current members and those that will become Security Service members,” adds Laffoon.  “We have a vision to become America’s best credit union – we are working toward that goal by becoming a little better every day with a new attitude and a genuine desire to win.”

Laffoon assumed the role as president of Security Service in December of 2012. He plans to move the credit union forward with goals to improve workforce advocacy, innovation, and competitiveness in the financial services industry.