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Overview / Commentary
22745 Maple Rd
Lexington Park, MD 20653

Cedar Point Credit Union is headquartered in Lexington Park and is the 11st largest credit union in the state of Maryland. It is also the 516st largest credit union in the nation. It was established in 1945 and as of March of 2014, it had grown to 97 employees and 42,198 members. Cedar Point Credit Union has a A health rating.

Field of Membership Restrictions

Eligible to join Cedar Point Federal Credit Union are persons who live, work (or regularly conduct business), worship, or attend school in, and businesses and other legal entities located in Calvert, Charles, and St. Mary’s Counties, Maryland. Spouses of persons who died while within the field of membership of this credit union; employees of this credit union; persons retired as pensioners or annuitants from the above employment; volunteers, members of their immediate families or households; organizations of such persons; and corporate or other legal entities in this charter are also eligible for membership. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Cedar Point Credit Union had $2.06 million in non-current loans and owned real-estate with $40.32 million in equity and loan loss allowances on hand to cover it. This gives Cedar Point Credit Union a Texas Ratio of 5.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Cedar Point Credit Union decreased dramatically from 8.29% as of March 31, 2013 to 5.10% as of March 31, 2014, resulting in a positive change of 38.53%.This indicates that the balance sheet and financial strength for Cedar Point Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Cedar Point Credit Union has increased its total deposits by $5.9 million, resulting in 1.55% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Cedar Point Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Cedar Point Credit Union has $426.96 million in assets with $40.32 million in equity, resulting in a capitalization level of 9.44%, which is average.

Institution Statistics

NCUA #5234
Year Chartered1945
Primary Regulator
Assets and Liabilities
Assets$426.96 million
Loans$189.37 million
Deposits$387.06 million
Equity Capital$38.35 million
Loan Loss Allowance$1.97 million
Unbacked Noncurrent Loans$1.41 million
Real Estate Owned$646,000
Historic Data - March 2013
Assets$418.47 million
Equity Capital$36.75 million
Loan Loss Allowance$2.50 million
Unbacked Noncurrent Loans$1.41 million
Real Estate Owned$148,000
Profit Margin - Quarterly
Return on Assets0.4%
Return on Equity4.42%
Interest Income$2.80 million

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Cedar Point Credit Union Savings Account Rates

0.15%$25-CESA Share Account
0.10%--Youth Account
0.10%$100-Christmas Club
0.10%--IRA Share
0.10%--Roth IRA Share
0.10%$100-Business Prime Share Account
0.10%$100-Business Sub Share Account

Cedar Point Credit Union Money Market Rates

0.20%$25k-Money Market Account
0.20%$25k-Business Money Market Account

Cedar Point Credit Union Checking Account Rates

0.05%$500-Share Draft
0.05%$500-Business Share Draft Account

Cedar Point Credit Union CD Rates

0.70%$1k-60 Month CD
0.60%$1k-48 Month CD
0.55%$1k-36 Month CD
0.35%$1k-24 Month CD
0.25%$1k-12 Month CD
0.20%$1k-9 Month CD
0.17%$250-12 Month Easy Builder CD
0.17%$50-12 Month Easy Builder Youth CD
0.15%$1k-6 Month CD
0.15%$250-6 Month Easy Builder CD
0.15%$250-9 Month Easy Builder CD
0.15%$50-6 Month Easy Builder Youth CD
0.15%$50-9 Month Easy Builder Youth CD
0.12%$1k-3 Month CD
0.12%$250-3 Month Easy Builder CD
0.12%$50-3 Month Easy Builder Youth CD

Cedar Point Credit Union IRA Rates

0.70%$500-60 Month IRA
0.70%$500-60 Month CESA
0.60%$500-48 Month IRA
0.60%$500-48 Month CESA
0.55%$500-36 Month IRA
0.55%$500-36 Month CESA
0.35%$500-24 Month IRA
0.35%$500-24 Month CESA
0.25%$500-12 Month IRA
0.25%$500-12 Month CESA

Cedar Point Credit Union Locations
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