STATE EMPLOYEES CU OF MARYLAND, INC

971 CORPORATE BOULEVARD
Linthicum, MD 21090

Phone: 1-410-487-7328

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 66330
Date Established 1951
Assets $3,755.02 million
Loans $3,195.75 million
Deposits $3,335.98 million
Capital $362.41 million

State Employees Cu Of Maryland, Inc is an NCUA insured institution located in Linthicum, MD. It was founded in 1951 and has approximately $3755.02 millions in assets.

Who can join?

Eligibility is typically based on your affiliation (current or past) with a Maryland employer, agency or organization such as a state university or labor union - or by being related to someone who is eligible.

Most Maryland companies located within a five mile radius of a SECU branch*

Organizations located in Maryland that receive federal, state or local funding

Alumni, full and part-time students, faculty and staff of many Maryland schools

Maryland State Employees; full and part-time, permanent, contractual, former and retired

Past and present employees of any labor union representing state or other employees

Field of Membership Restrictions

Membership in SECU of Maryland is open to employees, retirees and contractors of the state of Maryland, employees of Anne Arundel County, alumni, students, faculty and staff of University System of Maryland Schools, employees of organizations located in Maryland that receive federal, state or local funding, and over 500 local Select Employer Groups.

Deposit Rates - August 24, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.20% $2,000 - Learn MoreShow Less
Premium Money Market Account
0.30% $25,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
1 Year Jumbo CD
0.60% $100,000 - Learn MoreShow Less
3 Month CD
0.25% $0 - Learn MoreShow Less
6 Month CD
0.30% $0 - Learn MoreShow Less
9 Month CD
0.30% $0 - Learn MoreShow Less
1 Year CD
0.50% $0 - Learn MoreShow Less
2 Year CD
0.75% $0 - Learn MoreShow Less
3 Year CD
1.00% $0 - Learn MoreShow Less
4 Year CD
1.40% $0 - Learn MoreShow Less
5 Year CD
1.80% $0 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Premier Checking
0.10% $0 - Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Connecticut, CT 06828

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.49% 3.49% $732.44
4 Year 3.74% 3.74% $561.57
5 Year 3.74% 3.74% $457.49
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.



Branches

Below are State Employees Cu Of Maryland, Inc 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:
Fairfield,Connecticut


State Employees Cu Of Maryland, Inc Locations


Financial Details

State Employees Cu Of Maryland, Inc Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Employees Cu Of Maryland, Inc. 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
State Employees Cu Of Maryland, Inc U.S. Average
8.78% 6.77

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, 2019, State Employees Cu Of Maryland, Inc had $33,305,267 in non-current loans and $870,810 in owned assets. To cover these potential losses it had $362,407,229 in net worth and $26,796,000 in loans loss reserves. That gives it a Texas Ratio of 8.78%.

Net Worth
State Employees Cu Of Maryland, Inc U.S. Average
9.65% 13.47%

State Employees Cu Of Maryland, Inc FCU has a net worth of 9.65% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About State Employees Cu Of Maryland, Inc

Branches and Savings

What is State Employees Cu Of Maryland, Inc?

A federal credit union, registered with the NCUA under certificate #66330.
Learn more about credit unions here.

Is State Employees Cu Of Maryland, Inc FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join State Employees Cu Of Maryland, Inc?

Please see Field of Membership information above for information on who is eligible to join.

What are State Employees Cu Of Maryland, Inc's share account and share certificate rates?

State Employees Cu Of Maryland, Inc's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is State Employees Cu Of Maryland, Inc?

State Employees Cu Of Maryland, Inc has total capital of $362.41 million. Full information on State Employees Cu Of Maryland, Inc's financial position is located above.

Who owns State Employees Cu Of Maryland, Inc?

Credit Unions are owned by their members.

Where are State Employees Cu Of Maryland, Inc branches located?

See branch locations nearby.

Are State Employees Cu Of Maryland, Inc ATMs Open 24/7?

Do State Employees Cu Of Maryland, Inc ATMs accept cash deposits?

Can State Employees Cu Of Maryland, Inc customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does State Employees Cu Of Maryland, Inc have a mobile app?

Does State Employees Cu Of Maryland, Inc have mobile deposit?

Does State Employees Cu Of Maryland, Inc have quick pay?

How can State Employees Cu Of Maryland, Inc transfer money to other banks or credit unions?

Does State Employees Cu Of Maryland, Inc report to credit bureaus?

Does State Employees Cu Of Maryland, Inc use Chexsystems?

Does State Employees Cu Of Maryland, Inc use Equifax?

What is State Employees Cu Of Maryland, Inc's toll free phone number?

What is State Employees Cu Of Maryland, Inc's ACH Routing Number?

What is State Employees Cu Of Maryland, Inc's SWIFT code?

Where can I find State Employees Cu Of Maryland, Inc's wire transfer form?

What is the State Employees Cu Of Maryland, Inc address for deposits?

What Products Does State Employees Cu Of Maryland, Inc Offer

Does State Employees Cu Of Maryland, Inc offer mortgages?

Compare mortgage rates here.

Does State Employees Cu Of Maryland, Inc offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does State Employees Cu Of Maryland, Inc offer auto and RV loans?

Compare auto loan rates here.

Does State Employees Cu Of Maryland, Inc offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for State Employees Cu Of Maryland, Inc

There are currently no comments for State Employees Cu Of Maryland, Inc. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →