State Employees CU LaVale MD Credit Union | Low Mortgage Rates & Auto Loans

Introduction

At State Employees Cu Of Maryland, Inc, we believe in more than just banking; we believe in building strong communities and lasting relationships. Located at 12200 Winchester Rd SW, Lavale, MD 21502, our branch has been serving members since 1951. With a commitment to providing financial solutions tailored to your needs, we're proud to support over 261,000 members with a total asset base of an impressive $5.7 billion. As a member-focused credit union, we offer a range of services including checking and savings accounts, auto loans, mortgages, personal loans, and business banking solutions. Our team is dedicated to ensuring you have the tools necessary for financial success. With total deposits exceeding $423 million and a strong net worth of $540 million, we are well-equipped to assist you on your financial journey. Our CEO, David Sweiderk, along with Board President Gayle Seward, leads our passionate team of 362 employees who are committed to delivering exceptional service. We understand that each member's financial situation is unique, which is why we strive to provide personalized service that goes beyond the transaction. While members can visit us at our Lavale branch for in-person assistance or utilize our online services at www.secumd.org, official correspondence should be sent to our mailing address: 12200 Winchester Road, LaVale, MD 21502. We invite you to come in or give us a call at 301-729-3343 to discover how State Employees Cu Of Maryland can support your financial goals today!

Branch History & Mission

At State Employees Credit Union of Maryland, Inc., we have a proud history that dates back to 1951. Since opening our doors in Lavale, MD, we have been dedicated to serving our community with integrity and a commitment to financial well-being. Located at 12200 Winchester Rd SW, just a short drive from the scenic Rocky Gap State Park, our branch has become a trusted partner for countless individuals and families seeking reliable banking solutions. Over the years, we have grown significantly. Today, we proudly serve over 261,000 members and manage total assets exceeding $5.7 billion. This growth reflects our unwavering dedication to providing exceptional service and fostering strong relationships within our community. Our mission is clear: we aim to empower our members by offering accessible financial products and services that meet their needs while promoting community support and involvement. Our operating hours are designed to accommodate busy schedules: Monday, Tuesday, and Thursday from 8:00 a.m. to 3:30 p.m., Wednesday until 5:00 p.m., and Friday until 6:00 p.m. While we do not have ATM services available at this location, we offer convenient drive-thru banking for quick transactions such as deposits and withdrawals. State Employees Credit Union of Maryland strives to be more than just a financial institution; we are your neighbors. Our partnerships with local organizations enhance our outreach efforts, allowing us to invest in community projects that uplift everyone around us. We embrace digital advancements like online banking and mobile payments to ensure that our members can manage their finances easily and securely. While you can visit us at our Lavale branch for all your banking needs, official correspondence should be directed to our mailing address at 12200 Winchester Road, LaVale, MD 21502. We invite you to join our growing family of members who experience firsthand the benefits of being part of the State Employees Credit Union of Maryland community. Together, let's build a stronger future one where financial goals are met with understanding and support. For any inquiries or assistance, feel free to contact us at 301-729-3343. Your journey toward financial wellness starts here!

Branch Location & Accessibility

Drive-Thru Banking

For added convenience, we feature drive-thru banking services for quick deposits, withdrawals, and other simple transactions ideal for those on the go! While members can visit us at 12200 Winchester Rd SW, official correspondence should be sent to our mailing address at 12200 Winchester Road, LaVale, MD 21502. We invite you to stop by today and discover how we can support your financial journey! Our friendly staff is eager to meet you and provide personalized service that makes banking enjoyable.

Operating Hours

We know how busy life can get! That's why we offer flexible hours to fit your schedule. Our lobby is open Monday, Tuesday, and Thursday from 8:00 a.m. to 3:30 p.m., Wednesday until 5:00 p.m., and Friday until 6:00 p.m. Need help outside these hours? Just give us a call at 301-729-3343, and our team will be ready to assist you.

Services Offered

At State Employees Cu Of Maryland, Inc., we provide a range of services tailored to meet your needs from personal banking options like checking and savings accounts to auto loans, mortgage refinancing, and credit cards with rewards. We also offer business banking solutions including merchant services. Plus, enjoy the convenience of online and mobile banking at your fingertips.

Member Eligibility

At State Employees Cu Of Maryland, Inc, we believe that everyone deserves to be part of a caring and supportive community. Becoming a member is easy and welcoming! If you live, work, worship, or attend school in the area, you're likely eligible to join us. We also welcome family members of existing members, making it simple for loved ones to access our financial services together. By joining State Employees Cu Of Maryland, Inc, you'll gain access to a range of benefits including competitive rates on loans, personalized service, and financial education resources designed just for you. For the most current details on eligibility, feel free to check out this link. If you're ready to take the next step towards membership or have any questions, don't hesitate to reach out at (301) 729-3343! Our team is here to help you every step of the way.

Business Banking & Commercial Services

Merchant Services That Empower

Imagine this: Your store is buzzing with customers, but managing transactions is slowing you down. Our merchant services offer efficient payment processing solutions that let you focus on what matters most serving your customers. From credit card processing to online payment options, we provide tools that help streamline your operations, making it easier for you to grow your bottom line. Located at 12200 Winchester Rd Sw Lavale Md 21502 in Lavale, MD, we're here to partner with you every step of the way. Reach out today at (301) 729-3343 and discover how we can support your business journey!

Tailored Loan Solutions

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

Auto Loans & Vehicle Financing

Thinking about getting a new car? Our auto loans and vehicle financing options provide flexible terms and competitive rates to fit your budget. Whether it's a brand-new model or a reliable used car, we can help you drive away with confidence.

Business Banking

If you're a business owner, our business banking services are designed with you in mind. From merchant services that simplify transactions to business loans that fuel growth, we provide the support you need to succeed.

Credit Cards with Rewards

Maximize your spending with our credit cards that come with rewards! Whether you're using them for everyday purchases or special occasions, you can earn points that redeem for cash back or exciting rewards.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we offer robust online and mobile banking services, allowing you to manage your accounts anytime, anywhere. With features like person-to-person payments and mobile payments, managing your finances has never been easier.

Drive-Thru Banking

For those who prefer face-to-face interactions but need quick service, our drive-thru banking offers basic services like deposits and withdrawals without leaving your vehicle. It's perfect for busy days when time is of the essence. At State Employees Cu Of Maryland, Inc, we believe in providing accessible financial solutions tailored to each member's needs. We invite you to visit us at 12200 Winchester Rd Sw Lavale Md 21502 in Lavale or give us a call at (301) 729-3343. Let us help you take the next step toward achieving your financial goals! For more information about our offerings, feel free to check out our website at https://www.secumd.org/.

Mortgage Loans & Refinancing

Homeownership is an important milestone for many families. At State Employees Cu Of Maryland, Inc, we offer comprehensive mortgage loans and refinancing solutions to make your dream home a reality. Our experienced team will guide you through the process, making it simple and straightforward.

Personal Banking

We understand that every member's financial goals are unique. That's why our personal banking services include checking and savings accounts designed to suit your lifestyle. If you're planning a big purchase or just want to build your savings, our competitive interest rates make it easier than ever. We also offer personal loans and debt consolidation options, helping you manage expenses without the stress.

Digital & Online Banking

Key Features

One standout feature is our mobile application, which puts banking right in your pocket. With it, you can easily make person-to-person transfers, so sending money to friends or family is quick and hassle-free. Plus, if you're someone who prefers paperless options, you'll appreciate our e-statements availability stay organized without the clutter! For those on the go, we also offer mobile payments. This means you can pay for purchases using your smartphone without needing to carry cash or cards. It's a convenient way to manage transactions while ensuring your financial information stays safe.

Security and Ease of Use

Security is a top priority at State Employees Cu Of Maryland, Inc. While we currently do not support electronic signature authorization, rest assured that all our online services are equipped with strong security measures to protect your data. We want you to feel confident every time you log in or conduct a transaction. In today's fast-paced world, having real-time access to your finances is essential. Our user-friendly platform allows for easy navigation and quick access to all your banking needs, ensuring that whether you're at home or out and about, you stay connected. Experience the ease of digital banking with State Employees Cu Of Maryland, Inc where managing your finances is both secure and convenient!

Financial Strength

Growing Membership Trust

We have successfully built a robust member base with 613,109 total share accounts, showing that so many people trust us with their finances. This growth illustrates our commitment to providing excellent service while maintaining the financial strength necessary for long-term stability. 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 12200 Winchester Rd Sw Lavale Md 21502 or call 301-729-3343 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.*

Investing in Your Future

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 lending capacity supports your financial goals with $13,795 in used auto loans and a total of $4,244,538,519 in loans and leases.

Member-Focused Savings

Your 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.

Operational Efficiency

Our operational efficiency is reflected in our net income of $0, which allows 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.

Our 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 prefer a brand-new model or a reliable used vehicle, our financing solutions make it easy to drive away in your dream car.

Business Financing

For business owners, our outstanding commercial loans totaling $178,063,755 provide the capital needed to grow and expand your enterprise. We understand the unique challenges that businesses face and aim to deliver tailored solutions that foster growth. At State Employees Cu Of Maryland, Inc, we're committed to helping our members navigate their financial journeys successfully. If you have questions about eligibility or refinancing options for any of our loan products, don't hesitate to reach out. For more information or assistance, please contact us at (301) 729-3343 or visit us at our branch located at 12200 Winchester Rd Sw Lavale Md 21502, Lavale, MD. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We look forward to being part of your financial success!

Credit Lines and Unsecured Loans

For those needing extra flexibility, we offer personal credit lines and unsecured credit card loans. We also provide flexible terms on unsecured credit card loans, with a total of $196,324,858 in loans helping members manage their finances effectively. This can be an excellent way to have funds available for unexpected expenses or planned purchases without the stress of high-interest rates.

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 provide guidance throughout the process to help you secure a home that fits your lifestyle and budget. Our knowledgeable team can also assist you with refinancing options if you're looking to lower your current mortgage rate.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a focus on transparency and reliability, LendMesh allows users to navigate their loan options with confidence. LendMesh ensures accurate loan comparisons through meticulous sourcing of data. Loan information is obtained directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This commitment to verified data means users can trust that the offers they see are fair and transparent, based on the latest results (Source: https://www.ncua.gov). There are several key benefits to using LendMesh for your loan comparison needs: - Verified Data: Loan offers come from legitimate financial institutions, ensuring transparency in every option presented. - No Sponsored Listings: Unlike many platforms that prioritize lenders based on paid promotions, LendMesh's goal is to provide unbiased results that serve the best interest of users. - Real-Time Rate Comparisons: Users have access to up-to-date loan rates from multiple institutions, helping them make informed decisions about their borrowing options. Thousands of users trust LendMesh for their loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights the platform's effectiveness and reliability. If you're ready to explore your options and find the best rates tailored to your needs, compare real-time loan offers today at LendMesh. *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.*

State Employees Cu Of Maryland Inc

Type of Loan Offerings

Personal Loans

Vehicle Loans

Introduction

Branch History & Mission

Branch Location & Accessibility

Drive-Thru Banking

Operating Hours

Services Offered

Member Eligibility

Business Banking & Commercial Services

Merchant Services That Empower

Tailored Loan Solutions

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Business Banking

Credit Cards with Rewards

Digital Banking Convenience

Drive-Thru Banking

Mortgage Loans & Refinancing

Personal Banking

Digital & Online Banking

Key Features

Security and Ease of Use

Financial Strength

Growing Membership Trust

Investing in Your Future

Member-Focused Savings

Operational Efficiency

Our Financial Health

Loan Offering

Auto Loans

Business Financing

Credit Lines and Unsecured Loans

Mortgage Loans

Loan Aggregator

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