State Employees CU Frederick MD Credit Union | Low Mortgage Rates & Top Checking Accounts

Introduction

Welcome to State Employees Credit Union of Maryland, Inc., your trusted financial partner located at 5110 Buckeystown Pike, Frederick, MD 21704. Established in 1951, our credit union has grown into a vital community resource with over 261,235 members and a robust asset base of $5,702,055,189. We pride ourselves on providing personalized banking solutions that cater to the unique needs of our members. At State Employees CU of Maryland, we believe in building strong relationships within our community. With a dedicated team of 362 employees, led by our CEO David Sweiderk and Board President Gayle Seward, we are committed to delivering exceptional service and fostering financial wellness for all our members. Our diverse range of services includes checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking solutions. While you can visit us at our branch address for all your banking needs, official correspondence should be sent to the same address: 5110 Buckeystown Pike, Frederick, MD 21704. Whether you're looking to open an account or need assistance with your current services, our friendly staff is here to help you every step of the way. Our focus on member satisfaction is reflected in our impressive figures total deposits amounting to $423,656,042, alongside total loans reaching 125,193. With a net worth of $540,110,846 and cash reserves of $30,755,103, you can trust that your financial future is secure with us. We invite you to explore what makes State Employees CU of Maryland stand out. Visit our website at www.secumd.org or call us at 800-879-7328 to learn more about how we can assist you today!

Branch History & Mission

Community Focus

Our commitment extends beyond banking. We actively engage in community outreach programs and partnerships that aim to uplift those around us. We believe that when our community thrives, we all thrive together.

Join Us

As we look forward to many more years of service in Frederick and beyond, we invite you to become part of our growing family at State Employees Cu Of Maryland, Inc. Experience firsthand how we can make a difference in your financial life. Reach out to us at 800-879-7328 or visit us during our lobby hours: Monday through Thursday from 9 AM to 3 PM, Friday from 9 AM to 5 PM, and Saturday from 9 AM to 1 PM. Together, let's build a brighter financial future!

Modern Convenience

In this digital age, we ensure that you have easy access to your accounts through online and mobile banking options. While we currently do not offer ATM services at this branch location, we provide basic drive-thru banking for your convenience.

Our Mission

At State Employees Cu Of Maryland, Inc., our mission is simple yet powerful: to empower our members by providing exceptional financial services while fostering a strong sense of community. We understand that banking goes beyond numbers; it's about building relationships and supporting each other through life's financial journeys. We offer a range of services designed to meet your needs from personal banking options like checking and savings accounts to auto loans and mortgages. Our credit card offerings come with rewards that truly benefit you. Whether you're looking for assistance with debt consolidation or business banking solutions, we're here for you every step of the way.

Branch Location & Accessibility

Operating Hours

Our friendly team is here to serve you during convenient hours: Monday through Thursday from 9 AM to 3 PM, Friday from 9 AM to 5 PM, and Saturday from 9 AM to 1 PM. We want to make sure you can visit us at a time that suits your busy schedule.

Parking and Accessibility

At our Frederick branch, we prioritize convenience. Ample parking is available for our members, and we ensure that our facilities are accessible to everyone. Our branch complies with ADA standards, featuring ramps and other accommodations to help those with mobility challenges.

Services Offered

While you're here, take advantage of our range of personal banking services including checking and savings accounts, auto loans, mortgage loans and refinancing options. Need some quick cash? Our drive-thru service allows for easy deposits and withdrawals without leaving your car. Although we do not have ATM services on-site at this branch, rest assured that our team is ready to assist with all your banking needs directly inside the branch. We invite you to stop by or give us a call at 800-879-7328 if you have any questions. Experience the welcoming atmosphere at State Employees Credit Union of Maryland today!

Member Eligibility

At State Employees Cu Of Maryland, Inc, we believe that everyone deserves to be part of a caring and supportive financial community. Joining us is easy and welcoming! If you live, work, or go to school in the areas we serve, you're likely eligible for membership. We're here to help you take that step towards becoming a member. By choosing State Employees Cu Of Maryland, Inc, you'll gain access to a variety of financial services designed with your needs in mind, from personal banking to loans tailored just for you. To find out more about the specific eligibility criteria and ensure you're ready to join, please visit our detailed resource at . And when you're ready to open an account or if you have any questions, don't hesitate to reach out at (800) 879-7328. We can't wait to welcome you into our family at State Employees Cu Of Maryland, Inc, located at 5110 Buckeystown Pike Frederick Md 21704!

Business Banking & Commercial Services

Merchant Services That Work for You

Alongside our loan offerings, we provide essential merchant services that simplify daily transactions. Imagine having quick access to funds from customer sales, making it easier to manage cash flow and reinvest in your business. Our merchant solutions help streamline payment processing so you can focus on what you do best growing your business. Visit us at 5110 Buckeystown Pike Frederick Md 21704 in Frederick, MD or call us at (800) 879-7328 to learn how our business banking and commercial services can help you achieve your goals!

Tailored Loan Options

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.

Comprehensive List Of Services

Business Banking

For our business members, we offer comprehensive business banking services, including merchant services and business loans. Whether you're starting a new venture or expanding an existing one, our team is here to guide you through every step.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking services that allow you to manage your finances anytime, anywhere. With features like mobile payments and person-to-person transfers, handling your money is easier than ever. You can check balances, transfer funds, and pay bills right from your smartphone.

Drive-Thru Convenience

For those who prefer face-to-face interactions but want quick service, our basic drive-thru banking allows for deposits, withdrawals, and simple transactions without leaving your car. It's just one more way we strive to make banking as convenient as possible for our members. At State Employees Cu Of Maryland, Inc, we believe that banking should be straightforward and accessible. If you're interested in exploring any of these services further or have questions about how we can assist you in achieving your financial goals, don't hesitate to reach out! You can contact us at (800) 879-7328 or visit us at 5110 Buckeystown Pike Frederick Md 21704 in Frederick, MD. We look forward to serving you! For more information about our offerings and features, visit us online at Secu Credit Union Frederick.

Loans and Financing

When it comes to financing options, State Employees Cu Of Maryland, Inc offers an array of solutions. Our auto loans and vehicle financing make it easy to get behind the wheel of your dream car without breaking the bank. Need a place to call home? Our mortgage loans and refinancing options are designed to help you achieve homeownership or make adjustments to your existing mortgage for better rates. If you're facing unexpected expenses or looking to consolidate debt, our personal loans can provide the support you need. Plus, with our credit cards with rewards, every purchase brings you closer to exciting benefits.

Personal Banking

Our personal banking services include checking and savings accounts that help you manage your money effectively. We know that everyone has different financial goals, so we offer accounts tailored to various needs. For instance, if you're planning for a big purchase or just want to set aside funds for emergencies, our savings accounts can provide you with the peace of mind you need.

Digital & Online Banking

Key Services Available

Our online banking services can be accessed at https://www.secumd.org/, where you can easily check your account balances, transfer funds, and pay bills all from the comfort of your home or on the go. Plus, with our 24/7 online banking services, you have the flexibility to manage your finances whenever it fits your schedule. For those who prefer mobile banking, our convenient mobile application allows you to do everything right from your smartphone. You can make person-to-person transfers quickly and securely, ensuring that sending money to friends or family is hassle-free. And if you like the ease of mobile payments, you'll be pleased to know that we support this feature too!

Security and Accessibility

We prioritize your security. While we currently don't offer electronic signature authorization, our commitment to keeping your information safe remains strong. You can also sign up for e-statements to help reduce paper clutter while keeping all your financial documents accessible online. With all these features at your fingertips, managing your accounts has never been simpler or more efficient. Whether you're making quick transactions or keeping track of expenses, State Employees Cu Of Maryland, Inc is here to help you navigate your financial journey with ease and confidence. Experience the convenience of digital banking today visit us at https://www.secumd.org/!

Financial Strength

Growing Member Base

Our total share accounts stand at 613,109, showing a strong and growing member base that trusts us with their finances. This reflects the confidence our members have in us as their chosen credit union. 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, Inc is your trusted partner. Visit us at 5110 Buckeystown Pike Frederick Md 21704 or call (800) 879-7328 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings

Your savings are our priority. Members' funds 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 focus on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operations reflect our commitment to excellence. With a net income of $0, we demonstrate our operational efficiency, enabling 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, committed team.

Reinvestment for Growth

With $308,586,792 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to your financial well-being is reflected in our impressive lending capacity. We support your financial goals with $13,795 in used auto loans and $4,244,538,519 in total loans and leases.

Strong Financial Health

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.

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. Whether you're interested in financing a new or used vehicle, we have options that can fit your budget and lifestyle.

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 that come with running a business, which is why our lending solutions are tailored specifically for entrepreneurs. In addition to these key offerings, we also provide refinancing options to help you save money or access additional funds when needed. If you're curious about your eligibility or want to discuss your specific needs, feel free to reach out! You can contact us at (800) 879-7328, visit us at 5110 Buckeystown Pike Frederick Md 21704, or explore more about our services online at https://www.secumd.org/. No matter what type of loan you're considering, our team is here to assist you every step of the way. Let us help you find the right financial solution 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 aim to provide affordable solutions tailored for first-time buyers as well as seasoned homeowners looking to refinance their existing mortgages.

Unsecured Credit Card Loans

Managing day-to-day expenses can sometimes be challenging. 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. With competitive interest rates and no annual fees, our credit cards are designed to give you peace of mind while making purchases.

Loan Aggregator

Benefits of Using LendMesh

One of the standout features of LendMesh is its commitment to providing verified data. All loan offers come from legitimate financial institutions, ensuring transparency for users. Additionally, LendMesh does not prioritize lenders based on paid promotions its goal is to deliver unbiased results. This means that when you compare loans, you're seeing genuine offers without any hidden agendas. LendMesh also provides real-time rate comparisons. Users can view up-to-date loan rates from multiple institutions, which helps them make informed decisions quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" If you're looking to save money and time while searching for loans, consider using LendMesh's comparison tool. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

Ensuring Accurate 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 guarantees that users are viewing fair and transparent offers. By relying on verified data, LendMesh builds a foundation of trust that users can depend on.

State Employees Cu Of Maryland Inc

Type of Loan Offerings

Personal Loans

Vehicle Loans