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Aberdeen Proving Ground Credit Union

Overview
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Aberdeen Proving Ground Credit Union is a federal credit union based in Aberdeen, Maryland. It has been opened since 1938, for 82 years.

With around $1,362,960,000 in assets, Aberdeen Proving Ground Credit Union is considered to be a very large credit union. It has 14 branches and 15 ATM locations.

About
Address Po Box 1176
Aberdeen, Maryland 21001
Website https://apgfcu.com
Phone (410) 272-4000
Fax (410) 612-2316
CEO Don W. Lewis
President of the Board Barry Decker
Services Offered
Map
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Score Card
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82 years
Years in business
Opened in 1938
Well Capitalized
Net worth classification
Source: NCUA
130,062 members
Membership type: Community credit union
Above average number of members
389:1
Credit union member to staff ratio
389 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$1,362,960,385
Total assets
Above average
14 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
0.35%
Savings interest rate
Compared to 0.3% nationally
14.82%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
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14 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
Aberdeen Proving Ground Credit Union Branch Locations

Aberdeen Proving Ground Credit Union: Fallston Branch
210 Mountain Road
Fallston, Maryland 21047
ATM Available
Aberdeen Proving Ground Credit Union: Chesapeake City Branch
2579 Augustine Herman Highway
Chesapeake City, Maryland 21915
ATM Available
Aberdeen Proving Ground Credit Union: Riverside Branch
1327 Riverside Parkway
Belcamp, Maryland 21017
ATM Available
Aberdeen Proving Ground Credit Union: Aberdeen Branch
996 Beards Hill Road &Rt 22
Aberdeen, Maryland 21001
ATM Available
Aberdeen Proving Ground Credit Union: Havre De Grace Branch
1045 Pulaski Highway
Havre DE Grace, Maryland 21078
ATM Available
Aberdeen Proving Ground Credit Union: North East Branch
2011 W. Pulaski Highway
Elkton, Maryland 21921
ATM Available
Aberdeen Proving Ground Credit Union: Amyclae Branch
1200 Agora Drive Suite A.
Bel Air, Maryland 21014
ATM Available
Aberdeen Proving Ground Credit Union: Laurel Bush Branch
2113 Laurel Bush Road
Bel Air, Maryland 21015
ATM Available
Aberdeen Proving Ground Credit Union: Forest Hill Branch
2010 Rock Spring Road
Forest Hill, Maryland 21050
ATM Available
Aberdeen Proving Ground Credit Union: Elkton Branch
1204 E. Pulaski Highway
Elkton, Maryland 21921
ATM Available
Aberdeen Proving Ground Credit Union: Apg Branch
2402 Chesapeake Avenue
Aberdeen Proving Ground, Maryland 21005
ATM Available
Aberdeen Proving Ground Credit Union: Bel Air Branch
321 S. Main Street
Bel Air, Maryland 21014
ATM Available
Members
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130,062 members
Membership type: Community credit union
Above average number of members

With 130,062 members, the Aberdeen Proving Ground Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 97% of credit unions.

Fees
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$47
Average fee per member
The average fee per member at the Aberdeen Proving Ground Credit Union is $47, which is comparable to most credit unions. This rate is lower than 51% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Aberdeen Proving Ground Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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389:1
Credit union member to staff ratio
389 per each FTE employee
Compared to 411:1 nationally
Average number of staff
334 staff members
FTE (full-time equivalent)
3% of employees are part-time
329 full-time, 10 part-time

Aberdeen Proving Ground Credit Union has 329 full-time staff members and 10 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 97% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Aberdeen Proving Ground Credit Union has around 389 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
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$1,362,960,385
Total assets
Above average
Net worth
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.9%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
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$14,898
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 79% of credit unions.

Aberdeen Proving Ground Credit Union holds a total of $1,178,450,000 in loans and leases, which is about $14,898 per member on average.

Savings interest rate
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0.35%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Aberdeen Proving Ground Credit Union pays 0.35%.

Loan rates
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14.82%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
6.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.89%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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4.49%
New car loan rate
Compared to 4.0% nationally
5.29%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.78%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.42%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally