APL Federal Credit Union
Overview / Commentary
APL Federal Credit Union is headquartered in Laurel and is the 13th largest credit union in the state of Maryland. It is also the 600th largest credit union in the nation. It was established in 1954 and as of March of 2018, it had grown to 46 employees and 21,258 members at 3 locations. APL Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, regularly conduct business in or attend school in Howard County, Maryland. Immediate family members of current credit union members are also eligible for membership - even if they do not live or work in Howard County.
See current membership details
Health
A
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9475 |
| Year Chartered | 1954 |
| Employees | 46 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.64% |
| Return on Equity - YTD | 6.78% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $451.6MM$438.0MM |
| Loans | Q1 2018vs Q1 2017 | $233.2MM$211.9MM |
| Deposits | Q1 2018vs Q1 2017 | $400.5MM$390.1MM |
| Equity Capital | Q1 2018vs Q1 2017 | $42.3MM$39.2MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $750.00K$707.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $252.00K$268.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Rates
Rates for APL Federal Credit Union are currently being reviewed.
Locations
| APL Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 11050 Johns Hopkins Rd | Laurel, MD 20723 |
| Branch Office | 11100 Johns Hopkins Rd | Laurel, MD 20723 |
| Branch Office | 8870 McGaw Rd | Columbia, MD 21045 |