State Employees CU Baltimore MD Credit Union | Low Mortgage Rates & Credit Card Rewards

Introduction

Welcome to State Employees Credit Union of Maryland, Inc.! Located at 301 W Preston St, Baltimore, MD 21201, our credit union has been serving the community since 1951, and we take pride in being a trusted financial partner for over 261,000 members. With total assets reaching an impressive $5,702,055,189, we are committed to providing the best services tailored to your financial needs. Our leadership team, including CEO David Sweiderk and Board President Gayle Seward, works tirelessly to ensure that you receive exceptional service and support. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans, mortgages, or business banking solutions, we've got you covered. While members can visit us at our branch location, official correspondence should be sent to the same address: 301 W Preston St, Baltimore, MD 21201-2305. We invite you to explore our wide range of offerings designed to help you achieve your financial goals. With total deposits of $423,656,042 and a net worth of $540,110,846, we stand strong in the community. Our commitment extends beyond just numbers; we aim to make a positive impact in the lives of our members every day. Feel free to reach out at 410-523-0100 or visit us online at secumd.org for more information. Join us today and experience the dedication and care that sets State Employees Credit Union apart!

Branch History & Mission

Commitment to Accessibility

As part of our dedication to inclusivity and accessibility, we ensure that all our facilities comply with ADA standards so that every member feels welcome and comfortable when they visit us. Although we do not currently offer ATM or drive-thru services, our lobby hours are designed for your convenience: Monday, Tuesday, and Thursday from 7:30 a.m. to 3:30 p.m., and Wednesday and Friday until 4:30 p.m. We invite you to join us at State Employees Credit Union of Maryland, Inc., where you will find more than just a bank; you will discover a community partner dedicated to helping you achieve your financial goals. Experience the benefits of membership today! For more information or assistance, feel free to reach out at 410-523-0100 or visit us online at www.secumd.org.

Our Journey

From our humble beginnings, we have continually adapted to meet the needs of our members. Our commitment to providing excellent financial services has driven us to expand our offerings while maintaining a strong focus on member satisfaction. As we evolved, we embraced digital advancements that make banking easier for everyone. Today, our members can access online and mobile banking services, allowing them to manage their finances conveniently from anywhere.

Our Mission

At the heart of our operations is our mission: to empower our members through reliable financial services while fostering a spirit of community support. We believe that financial wellness goes hand-in-hand with community development. This is why we actively engage in outreach programs and partnerships that uplift those around us. We are not just here to provide loans and accounts; we aim to make a meaningful impact in the lives of our members and the broader Baltimore community. While members can visit us at our branch address mentioned earlier, official correspondence should be sent to 301 W Preston St, Baltimore, MD 21201-2305 if different from our physical location.

Branch Location & Accessibility

Call Us Today!

If you have any questions or would like more information about our services, feel free to give us a call at 410-523-0100. We invite you to visit us at State Employees Cu Of Maryland and discover how we can help you achieve your financial goals!

Convenient Access

While members can visit us at 301 W Preston St, official correspondence should be sent to the same address. Our location is not only central but also designed with accessibility in mind, ensuring everyone can easily get the help they need. There's ample parking nearby, making it simple for you to pop in without any hassle.

Welcoming Atmosphere and Services

Our branch operates during convenient hours: Monday, Tuesday, and Thursday from 7:30 a.m. to 3:30 p.m., and Wednesday and Friday from 7:30 a.m. to 4:30 p.m. We understand that life can get busy, which is why we strive to accommodate your schedule. At State Employees Cu Of Maryland, Inc, we offer a range of services tailored just for you. Whether you're looking to open a checking account or need assistance with auto loans and mortgage refinancing, our team is ready to help. Unfortunately, we do not have ATM access or drive-thru services at this location; however, our staff is always available to assist you inside the branch.

Member Eligibility

At State Employees Cu Of Maryland, Inc, we believe that everyone deserves access to financial services that truly support their goals. Becoming a member is easy and welcoming! If you live, work, or attend school in the area, you're likely eligible to join our community. We're here for individuals, families, and businesses looking for a better banking experience. Plus, when you become a member at State Employees Cu Of Maryland, Inc, you gain more than just an account you join a network of supportive individuals who are committed to helping each other thrive. To learn more about the specific eligibility requirements, feel free to visit our website at . And when you're ready to open your account, we're here to guide you through the process! Just give us a call at (410) 523-0100 or stop by our branch located at 301 W Preston St Baltimore Md 21201. We can't wait to welcome you into our community!

Business Banking & Commercial Services

Business Loans That Fuel Growth

Imagine having the resources to take your business to the next level. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $314 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $74 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $178,063,755, we continue to drive economic growth by financing new and expanding businesses.

Practical Merchant Services

Managing payments shouldn't be a headache. Our merchant services simplify transactions, allowing you to focus on what matters most running your business. From accepting credit cards to online payments, we provide tools that make it easy for your customers to pay while ensuring you have fast access to your funds. Join us at 301 W Preston St Baltimore Md 21201 in Baltimore, MD, and let's work together to make your business vision a reality. For more information, give us a call at (410) 523-0100 or visit our website at https://www.secumd.org/.

Comprehensive List Of Services

Business Banking Services

For small business owners, we offer comprehensive Business Banking solutions including Merchant Services and Business Loans. We know how important it is for businesses to manage cash flow efficiently. Our team works closely with local entrepreneurs to provide tailored financial products that support growth and success.

Convenient Access Through Digital Banking

In today's fast-paced world, convenience is key. That's why we emphasize our robust Online & Mobile Banking features. Whether it's checking your account balance, making transfers, or paying bills, everything can be done from your device at any time. Additionally, while we do not have ATMs or drive-thru services at this location, our online capabilities ensure you have access when you need it most. With all these services available at State Employees Cu Of Maryland, Inc, we're dedicated to helping you achieve your financial goals in a friendly and supportive environment. For more information or assistance with any of our offerings, feel free to call us at 410-523-0100 during our lobby hours: Monday, Tuesday, Thursday from 7:30 AM - 3:30 PM; Wednesday and Friday from 7:30 AM - 4:30 PM. Come visit us today and discover how we can help make your financial life easier!

Personal Banking Solutions

We understand that managing your finances can sometimes feel overwhelming. That's why we offer Checking & Savings Accounts that are easy to set up and maintain. With features like online and mobile banking, accessing your funds has never been simpler. Imagine being able to check your balance or transfer money right from your smartphone while on the go. When it comes to financing major purchases like a car, our Auto Loans & Vehicle Financing options make it easier for you to hit the road without breaking the bank. We also provide Mortgage Loans & Refinancing for those looking to buy their dream home or lower their current payments. Our team is here to guide you through the process, ensuring you find a solution that fits your budget. If you're facing unexpected expenses, our Personal Loans & Debt Consolidation services can help lighten your financial load. Plus, with our Credit Cards with Rewards, you can earn points on every purchase you make, turning everyday spending into rewards.

Digital & Online Banking

Key Services

Our online banking features let you view account balances, pay bills, and transfer money with just a few clicks. Whether you're at home or on the go, our 24/7 online banking service ensures that your finances are always within reach. Plus, with our person-to-person transfer feature, sending money to friends or family is simple and quick. If you prefer using your mobile device, you'll love our mobile application. It allows you to check balances, make payments, and even set up e-statements for easy access to your account statements whenever you need them. And if you're into mobile payments, rest assured that we have that covered too!

Security and Accessibility

We prioritize your security. Our platform includes robust measures to protect your personal information so you can bank with confidence. While we currently do not offer electronic signature authorization for transactions, our other digital services ensure that managing your accounts is straightforward and safe. With all these tools at your fingertips, you can take control of your financial journey without any hassle. Join us at State Employees Cu Of Maryland, Inc today to experience the ease of modern banking!

Financial Strength

At State Employees Cu Of Maryland, Inc, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that when you trust us with your finances, you expect reliability and strength. That's why we are proud to share our financial highlights that reflect our commitment to you. With a net worth of $540,110,846, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 945 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,705,008,039 in share certificates and $749,692,233 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our strong earnings position is evident with $308,586,792 in undivided earnings, which allows us to reinvest in innovative banking tools and stronger lending options to serve our members better. With $13,795 in used auto loans and a total of $4,244,538,519 in loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our net income of $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 353 full-time employees and 9 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Additionally, the funds available for lending and investments stand at $14,460,580 in net shares, showing our readiness to meet your needs. With a growing member base of 613,109 total share accounts, it's clear that many trust us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, State Employees Cu Of Maryland is your trusted partner. Visit us at 301 W Preston St Baltimore Md 21201 or call 410-523-0100 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $202,427,642 in used vehicle loans and $99,306,079 in new vehicle loans already helping members get on the road. We provide flexible terms that make it easier for you to drive away in your desired vehicle.

Business Loans

For business owners, our outstanding commercial loans totaling $178,063,755 provide the capital needed to grow and expand. We understand the unique challenges businesses face and are here to support your journey towards success.

Credit Lines

If you're looking for additional flexibility, consider our total credit lines totaling $1,877,392,773. These lines give you easy access to funds when you need them most, without the hassle of applying for a new loan each time. In addition to these products, we also provide refinancing options for existing loans to help lower your payments or adjust your financial strategy as needed. For any questions about our loan offerings or assistance with your application process, feel free to reach out at (410) 523-0100. Our team is ready to assist you during our operating hours: M,T,Th 7:30 a.m - 3:30 p.m., W,F - 7:30 a.m. - 4:30 p.m. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Explore how State Employees Cu Of Maryland, Inc can help you meet your financial aspirations today!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $668,187,606, make buying or refinancing simple. We have competitive rates and flexible eligibility requirements to fit various budgets and lifestyles.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $196,324,858 in loans helping members manage their finances effectively. Whether it's for everyday purchases or unexpected expenses, our credit cards come with benefits that put you in control of your spending.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This rigorous sourcing ensures that the offers displayed are fair and transparent, allowing users to trust the information they receive.

State Employees Cu Of Maryland Inc

Type of Loan Offerings

Personal Loans

Vehicle Loans