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. The strength of our financial foundation reassures you that your money is safe with us, allowing you to focus on what truly matters your financial goals. 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. This level of net worth places us well above the regulatory requirements set by the National Credit Union Administration (NCUA), confirming our commitment to your financial well-being. 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. We prioritize our members over traditional banking practices; with non-member deposits at
$0, every resource is focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our strength is further highlighted by
$308,586,792 in undivided earnings. This allows us to reinvest in innovative banking tools and stronger lending options while enhancing security measures to serve you better. With
$13,795 in used auto loans and a total of
$4,244,538,519 in loans and leases available to our members, we are equipped to support your financial aspirations across various sectors. While our current
net income is $0, it reflects our strategic approach during periods of investment in community initiatives and technological advancements to improve member services. Additionally, we 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. Net Shares available for lending and investments stand at
$14,460,580, showing our capacity to meet your borrowing needs effectively. Our commitment to serving our community is evident with a robust base of
613,109 total share accounts, reflecting the trust our members place in us. 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
6011 Greenbelt Rd Berwyn Heights Md 20740 or call
301-441-9002 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.
