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State Employees Cu of Maryland, Inc Credit Union
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State Employees Cu of Maryland, Inc Credit Union Share
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Overview Share
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State Employees Cu of Maryland, Inc Credit Union is a federally insured state credit union based in Linthicum, Maryland. It has been opened since 1951, for 71 years.

With around $3,642,600,000 in assets, State Employees Cu of Maryland, Inc Credit Union is considered to be a very large credit union. It has 22 branches and 1 ATM locations.

About Share
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Address 971 Corporate Boulevard
Linthicum, Maryland 21090
Website http://WWW.SECUMD.ORG
Phone (410) 487-7300
Fax (410) 487-7011
CEO David Sweiderk
President of the Board Mark Reger
Services Offered
Score Card Share
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71 years
Years in business
Opened in 1951
Well Capitalized
Net worth classification
Source: NCUA
261,031 members
Membership type: State chartered natural person credit union
Above average number of members
671:1
Credit union member to staff ratio
671 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$3,642,602,360
Total assets
Above average
22 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
13.24%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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22 branches
Compared with an average of 4 nationally and 3 in Maryland
Above average number of branches
State Employees Cu of Maryland, Inc Credit Union Branch Locations

State Employees Cu of Maryland, Inc Credit Union: Secu Credit Union - Timonium
33 E. Padonia Road
Padonia Village Shopping Center
Timonium, Maryland 21093
No ATM
State Employees Cu of Maryland, Inc Credit Union: Sceu Credit Union - Columbia Branch
8630 Snowden River Parkway
Columbia Crossing Ii
Columbia, Maryland 21045
No ATM
State Employees Cu of Maryland, Inc Credit Union: Secu Credit Union - Security At Chadwick
7173 Security Boulevard
Boulevard Place Shopping Center
Baltimore, Maryland 21244
No ATM
Members Share
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261,031 members
Membership type: State chartered natural person credit union
Above average number of members

With 261,031 members, the State Employees Cu of Maryland, Inc Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 99% of credit unions.

Fees Share
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$59
Average fee per member
The average fee per member at the State Employees Cu of Maryland, Inc Credit Union is $59, which is comparable to most credit unions. This rate is lower than 41% 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 State Employees Cu of Maryland, Inc Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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671:1
Credit union member to staff ratio
671 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
389 staff members
FTE (full-time equivalent)
5% of employees are part-time
380 full-time, 18 part-time

State Employees Cu of Maryland, Inc Credit Union has 380 full-time staff members and 18 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. State Employees Cu of Maryland, Inc Credit Union has around 671 members per staff, a high ratio compared to other credit unions.

Assets Share
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$3,642,602,360
Total assets
Above average
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.
9.8%
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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$20,180
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 92% of credit unions.

State Employees Cu of Maryland, Inc Credit Union holds a total of $3,251,560,000 in loans and leases, which is about $20,180 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. State Employees Cu of Maryland, Inc Credit Union pays 0.10%.

Loan rates Share
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13.24%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.74%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.50%
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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4.49%
New car loan rate
Compared to 4.0% nationally
4.74%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.99%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Credit Union: Well Capitalized Bel Air, Maryland 31714.0 $306 million Well Capitalized
U S Postal Service Credit Union
Credit Union: Well Capitalized Clinton, Maryland 24781.0 $239 million Well Capitalized
Five Star of Maryland Credit Union
Credit Union: Well Capitalized Baltimore, Maryland 7041.0 $53 million Well Capitalized
Choptank Electric Coop Employ Credit Union
Credit Union: Well Capitalized Denton, Maryland 309.0 $3 million Well Capitalized
Marriott Employees Credit Union
Credit Union: Well Capitalized Bethesda, Maryland 31893.0 $186 million Well Capitalized
Boyds Credit Union
Credit Union: Well Capitalized Boyds, Maryland 364.0 $1 million Well Capitalized
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