Feedback
Share
Link
Link copied!
Asset Brief
Mid-Atlantic Credit Union
Credit Union Finder
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Mid-Atlantic Credit Union Share
Link
Link copied!

Table of Contents
Map Loading...
Overview Share
Link
Link copied!
Back to Top

Mid-Atlantic Credit Union is a federal credit union based in Germantown, Maryland. It has been opened since 1968, for 54 years.

With around $308,690,000 in assets, Mid-Atlantic Credit Union is considered to be a very large credit union. It has 4 branches and 4 ATM locations.

About Share
Link
Link copied!
Address 12820 Wisteria Drive
Germantown, Maryland 20874
Website http://www.mafcu.org
Phone (301) 944-1800
Fax (301) 944-1801
CEO William A. Brooks, Sr.
President of the Board John Boothe
Services Offered
Score Card Share
Link
Link copied!
Back to Top
54 years
Years in business
Opened in 1968
Well Capitalized
Net worth classification
Source: NCUA
24,886 members
Membership type: Community credit union
Above average number of members
358:1
Credit union member to staff ratio
358 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$308,693,501
Total assets
Above average
4 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
0.30%
Savings interest rate
Compared to 0.3% nationally
12.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
Link
Link copied!
Back to Top
4 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
Mid-Atlantic Credit Union Branch Locations

Mid-Atlantic Credit Union: Germantown
12820 Wisteria Drive
Germantown, Maryland 20874
ATM Available
Mid-Atlantic Credit Union: Gaithersburg
555 Quince Orchard Road
Gaithersburg, Maryland 20878
ATM Available
Mid-Atlantic Credit Union: Silver Spring
11140 New Hampshire Avenue
Silver Spring, Maryland 20904
ATM Available
Mid-Atlantic Credit Union: Gaithersburg Inside Atm
555 Quince Orchard Road
Gaithersburg, Maryland 20878
ATM Available
Members Share
Link
Link copied!
Back to Top
24,886 members
Membership type: Community credit union
Above average number of members

With 24,886 members, the Mid-Atlantic Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 84% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$73
Average fee per member
The average fee per member at the Mid-Atlantic Credit Union is $73, which is high compared to most credit unions. This rate is higher than 69% 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 Mid-Atlantic Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
358:1
Credit union member to staff ratio
358 per each FTE employee
Compared to 411:1 nationally
Average number of staff
70 staff members
FTE (full-time equivalent)
4% of employees are part-time
68 full-time, 3 part-time

Mid-Atlantic Credit Union has 68 full-time staff members and 3 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 96% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Mid-Atlantic Credit Union has around 358 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
Link
Link copied!
Back to Top
$308,693,501
Total assets
Above average
Net worth Share
Link
Link copied!
Back to Top
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.
7.0%
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
Link
Link copied!
Back to Top
$18,774
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 89% of credit unions.

Mid-Atlantic Credit Union holds a total of $233,860,000 in loans and leases, which is about $18,774 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.30%
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. Mid-Atlantic Credit Union pays 0.30%.

Loan rates Share
Link
Link copied!
Back to Top
12.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.75%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
10.75%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
3.24%
New car loan rate
Compared to 4.0% nationally
3.74%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
Link
Link copied!
Back to Top
5.50%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.88%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

Additional Credit Unions

See all...
Har-Co Credit Union
Credit Union: Well Capitalized Bel Air, Maryland 15312.0 $188 million Well Capitalized
Point Breeze Credit Union
Credit Union: Well Capitalized Hunt Valley, Maryland 57043.0 $766 million Well Capitalized
Hema Credit Union
Credit Union: Well Capitalized Silver Spring, Maryland 2195.0 $16 million Well Capitalized
Cecil County School Employees Credit Union
Credit Union: Well Capitalized Elkton, Maryland 3711.0 $29 million Well Capitalized
Aberdeen Proving Ground Credit Union
Credit Union: Well Capitalized Aberdeen, Maryland 130062.0 $1 billion Well Capitalized
Lm Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 3567.0 $39 million Well Capitalized
Marriott Employees Credit Union
Credit Union: Well Capitalized Bethesda, Maryland 31893.0 $186 million Well Capitalized
U S Postal Service Credit Union
Credit Union: Well Capitalized Clinton, Maryland 24781.0 $239 million Well Capitalized
Money One Credit Union
Credit Union: Well Capitalized Largo, Maryland 12552.0 $137 million Well Capitalized
None Suffer Lack Credit Union
Credit Union: Well Capitalized Suitland, Maryland 2835.0 $21 million Well Capitalized

More Credit Unions

See all...
Nasa Credit Union
Credit Union: Well Capitalized Upper Marlboro, Maryland 159763.0 $3 billion Well Capitalized
Apl Credit Union
Credit Union: Well Capitalized Laurel, Maryland 22534.0 $487 million Well Capitalized
Andrews Federal Credit Union
Credit Union: Well Capitalized Suitland, Maryland 128538.0 $2 billion Well Capitalized
Prince George's Community Credit Union
Credit Union: Well Capitalized Bowie, Maryland 16158.0 $175 million Well Capitalized
Members First of Maryland Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 3583.0 $26 million Well Capitalized
Destinations Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 7682.0 $59 million Well Capitalized
Municipal Empl.Credit Union of Balt
Credit Union: Well Capitalized Baltimore, Maryland 109028.0 $1 billion Well Capitalized
Cedar Point Credit Union
Credit Union: Well Capitalized Lexington Park, Maryland 43659.0 $507 million Well Capitalized
Masters, Mates & Pilots (Mm&P) Credit Union
Credit Union: Well Capitalized Linthicum, Maryland 556.0 $2 million Well Capitalized
Selfreliance Balto Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 1142.0 $19 million Well Capitalized

Other Credit Unions

See all...
St. Joseph Medical Center Md Credit Union
Credit Union: Well Capitalized Towson, Maryland 1904.0 $15 million Well Capitalized
Capital Area Realtors Credit Union
Credit Union: Well Capitalized Rockville, Maryland 1117.0 $11 million Well Capitalized
Wor Co Credit Union
Credit Union: Well Capitalized Pocomoke City, Maryland 738.0 $2 million Well Capitalized
Central Credit Union of Maryland,In
Credit Union: Well Capitalized Baltimore, Maryland 6204.0 $40 million Well Capitalized
Boyds Credit Union
Credit Union: Well Capitalized Boyds, Maryland 364.0 $1 million Well Capitalized
National Institutes of Health Credit Union
Credit Union: Well Capitalized Rockville, Maryland 38859.0 $627 million Well Capitalized
Bee Credit Union
Credit Union: Well Capitalized Salisbury, Maryland 1034.0 $7 million Well Capitalized
Post Office Cu of Md, Inc. Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 2965.0 $31 million Well Capitalized
First Financial of Maryland Credit Union
Credit Union: Well Capitalized Lutherville, Maryland 64894.0 $1 billion Well Capitalized
Baltimore Washington Credit Union
Credit Union: Well Capitalized Glen Burnie, Maryland 1899.0 $10 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to Mid-Atlantic Credit Union

See all...
Mid-Atlantic Credit Union: Silver Spring ATM
Credit Union ATM: 11140 New Hampshire Avenue
Silver Spring, Maryland 20904
Mid-Atlantic Credit Union: Germantown
Credit Union Branch: 12820 Wisteria Drive
Germantown, Maryland 20874 ATM Available
Mid-Atlantic Credit Union: Germantown ATM
Credit Union ATM: 12820 Wisteria Drive
Germantown, Maryland 20874
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.
Mid-Atlantic Credit Union
Credit Union: Well Capitalized Germantown, Maryland 24886.0 $309 million Well Capitalized
Mid-Atlantic Credit Union: Silver Spring
Credit Union Branch: 11140 New Hampshire Avenue
Silver Spring, Maryland 20904 ATM Available
Mid-Atlantic Credit Union: Gaithersburg
Credit Union Branch: 555 Quince Orchard Road
Gaithersburg, Maryland 20878 ATM Available
Mid-Atlantic Credit Union: Gaithersburg ATM
Credit Union ATM: 555 Quince Orchard Road
Gaithersburg, Maryland 20878
Mid-Atlantic Credit Union: Gaithersburg Inside Atm ATM
Credit Union ATM: 555 Quince Orchard Road
Gaithersburg, Maryland 20878
Mid-Atlantic Credit Union: Gaithersburg Inside Atm
Credit Union Branch: 555 Quince Orchard Road
Gaithersburg, Maryland 20878 ATM Available