At Municipal Empl.credit Union Of Balt, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With a strong foundation built on trust and transparency, we are committed to ensuring your financial well-being. With a
net worth of $156,004,327, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This strength is reflected in our
net worth ratio of $1,260, which demonstrates a solid capital foundation. It ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$237,084,890 in share certificates and
$75,967,167 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$250,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our dedication to serving our members is evident through our impressive
$154,735,855 in undivided earnings. These funds allow us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve you better. We also support your financial goals with
$12,645 in used auto loans and
$809,504,500 in total loans and leases. Our operational efficiency is highlighted by a robust
net income of $1,023,121, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having
296 full-time employees and
11 part-time employees who are always ready to assist you with their knowledge and commitment. In total, we have
178,002 active share accounts, showcasing a strong and growing member base that trusts us with their finances. This collective strength allows us to maintain an impressive level of net shares (funds available for lending and investments) at
$0. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Municipal Empl.credit Union Of Balt is your trusted partner. Visit us at 1 South St Baltimore Md 21202 or call (410) 752-8313 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.