Mid-atlantic Federal Credit Union

Headquarters

12820 Wisteria Dr
Germantown, MD 20874
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 3.05% →
1-Year CD 0.30% 3.30% →
2-Year CD 0.35% 3.56% →
5-Year CD 0.80% 3.75% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Mid-atlantic is an NCUA insured institution located in Germantown, MD. It was founded in 1968 and has approximately $429.94 millions in assets.

Who can join?

Membership is open to everyone who lives, works, worships, attends school or volunteers in Montgomery County, Maryland, as well as their immediate family members (spouse, children, parents, grandparents, grandchildren, siblings and those who live in the same household).

Businesses in Montgomery County can also join MAFCU and offer credit union membership as a free employee benefit.

NCUA Insured Yes / Federally Chartered
Charter Number # # 18716
Date Established 1968
Assets $429.94 million
Loans $318.93 million
Deposits $398.34 million
Capital $28.42 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school or volunteer in Montgomery County, Maryland, as well as their immediate family members.

Deposit Rates - September 24, 2022

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.33% $10,000 $14,999 Learn More
18 Mo CD
0.33% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.65% $10,000 $14,999 Learn More
48 Mo CD
0.65% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 24, 2022

Your Current Location: Washington, WA 98101

There are currently no loan rates available for MID-ATLANTIC

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Washington 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Northpointe Bank
NMLS ID: 447490
6.466% 6.375% 1.00 $2,395 $1,560 Learn More
Sammamish Mortgage Company
NMLS ID: 118653
License#: CL-118653
6.321% 6.250% 0.75 $1,880 $1,540 Learn More
First Internet Bank
NMLS ID: 424182
6.564% 6.500% 0.63 $1,668 $1,581 Learn More
Morty, Inc.
NMLS ID: 1429243
6.055% 5.990% 0.75 $1,758 $1,498 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
3.240 %
After Intro: 6.890 %
Intro Period: 6 months
$0 Learn More
More Info

Note to MID-ATLANTIC
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Mid-atlantic branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Mid-atlantic Locations



Climate Initiatives

MID-ATLANTIC is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Mid-atlantic Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mid-atlantic. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Mid-atlantic U.S. Average
8.04% 4.75

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2022, Mid-atlantic had $2,030,796 in non-current loans and $392,000 in owned assets. To cover these potential losses it had $28,423,103 in net worth and $1,700,615 in loans loss reserves. That gives it a Texas Ratio of 8.04%.

Net Worth
Mid-atlantic U.S. Average
6.85% 12.28%

Mid-atlantic FCU has a net worth of 6.85% versus the BestCashCow average of 12.28. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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