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Members First of Maryland Credit Union
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Members First of Maryland Credit Union Share
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Overview Share
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Members First of Maryland Credit Union is a federal credit union based in Baltimore, Maryland. It has been opened since 1969, for 53 years.

With around $26,390,000 in assets, Members First of Maryland Credit Union is considered to be an average size credit union. It has 2 branches and 2 ATM locations.

About Share
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Address 1631 Merritt Boulevard
Baltimore, Maryland 21222
Website http://www.mfirstcu.org
Phone (410) 633-8850
Fax (410) 633-2120
CEO Byron Lassiter
President of the Board Jerry Ernest
Services Offered
Score Card Share
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53 years
Years in business
Opened in 1969
Well Capitalized
Net worth classification
Source: NCUA
3,583 members
Membership type: Multiple common bond – primary other manufacturing
Average number of members
299:1
Credit union member to staff ratio
299 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$26,385,354
Total assets
Average size
2 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
9.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
Members First of Maryland Credit Union Branch Locations

Members First of Maryland Credit Union: Corporate Office
1631 Merritt Boulevard
Baltimore, Maryland 21222
ATM Available
Members First of Maryland Credit Union: Perry Hall
4371 Ebenezer Road
Perry Hall Square Shopping Center
Nottingham, Maryland 21236
ATM Available
Members Share
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3,583 members
Membership type: Multiple common bond – primary other manufacturing
Average number of members

With 3,583 members, the Members First of Maryland Credit Union is considered to be a medium size credit union. It is larger than 49% of credit unions.

Fees Share
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$94
Average fee per member
The average fee per member at the Members First of Maryland Credit Union is $94, which is very high compared to most credit unions. This rate is higher than 82% of all credit unions.
Fees are higher than 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 Members First of Maryland Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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299:1
Credit union member to staff ratio
299 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
12 staff members
FTE (full-time equivalent)
29% of employees are part-time
10 full-time, 4 part-time

Members First of Maryland Credit Union has 10 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 71% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Members First of Maryland Credit Union has around 299 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$26,385,354
Total assets
Average size
Net worth Share
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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.
9.5%
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 Share
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$8,539
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 64% of credit unions.

Members First of Maryland Credit Union holds a total of $16,890,000 in loans and leases, which is about $8,539 per member on average.

Savings interest rate Share
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0.10%
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. Members First of Maryland Credit Union pays 0.10%.

Loan rates Share
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9.00%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.66%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.99%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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4.16%
New car loan rate
Compared to 4.0% nationally
6.86%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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6.53%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.92%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Members First of Maryland Credit Union

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Members First of Maryland Credit Union: Perry Hall
Credit Union Branch: 4371 Ebenezer Road
Perry Hall Square Shopping Center
Nottingham, Maryland 21236 ATM Available
Members First Credit Union: Members First Credit Union- Gladwin Office
Credit Union Branch: 1291 W. Cedar Avenue
Gladwin, Michigan 48624 ATM Available
Members First of Maryland Credit Union: Corporate Office
Credit Union Branch: 1631 Merritt Boulevard
Baltimore, Maryland 21222 ATM Available
First Credit Bank
Bank: West Hollywood, California 122237599.0
Members First Credit Union: Members First Credit Union-Clare Office
Credit Union Branch: 650 W. 5th Street
Clare, Michigan 48617 ATM Available
Members First Credit Union: Members First Credit Union-Evart Office
Credit Union Branch: 201 E. 7th Street
Evart, Michigan 49631 ATM Available
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Members First of Maryland Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 3583.0 $26 million Well Capitalized
Abnb Credit Union: Uscg Base Portsmouth ATM
Credit Union ATM: 4371 Ebenezer Road
Perry Hall Square Shopping Center
Nottingham, Maryland 21236
Members First of Maryland Credit Union: Corporate Office ATM
Credit Union ATM: 1631 Merritt Boulevard
Baltimore, Maryland 21222