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 $3,642.60 million
Loans $3,251.56 million
Deposits $3,235.07 million
Capital $358.04 million

State Employees Cu Of Maryland, Inc is an NCUA insured institution located in Linthicum, MD. It was founded in 1951 and has approximately $3642.6 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 - April 21, 2019

Your Current Location: Virginia, VA 20146

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 - April 21, 2019

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.74% 3.74% $735.21
4 Year 3.99% 3.99% $564.36
5 Year 3.99% 3.99% $460.30
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:
Ashburn,Virginia


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
13.52% 7.49

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 December 31, 2018, State Employees Cu Of Maryland, Inc had $51,141,041 in non-current loans and $774,893 in owned assets. To cover these potential losses it had $358,036,886 in net worth and $25,996,000 in loans loss reserves. That gives it a Texas Ratio of 13.52%.

Net Worth
State Employees Cu Of Maryland, Inc U.S. Average
9.82% 13.61%

State Employees Cu Of Maryland, Inc FCU has a net worth of 9.82% versus the BestCashCow average of 13.61. 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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