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.
|Address|| 12820 Wisteria Drive |
Germantown, Maryland 20874
|CEO||William A. Brooks, Sr.|
|President of the Board||John Boothe|
|Services Offered|| |
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.
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.
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.
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.
Mid-Atlantic Credit Union holds a total of $233,860,000 in loans and leases, which is about $18,774 per member on average.
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%.