Overview / Commentary
Central Credit Union (MD) is headquartered in Baltimore and is the 45th largest credit union in the state of Maryland. It is also the 2,569th largest credit union in the nation. It was established in 1950 and as of March of 2019, it had grown to 9 employees and 6,085 members at 2 locations. Central Credit Union (MD) has a B health rating.
Field of Membership Restrictions
Central Credit Union of Maryland is open to current or retired employees and volunteers of the VA Maryland Health Care System, employees of one of the credit union's affiliated businesses, or family of a credit union member.
See current membership details
Health
B
Data as of Q1 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Central Credit Union (MD) has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66340 |
| Year Chartered | 1950 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.11% |
| Return on Equity - YTD | 10.06% |
| Annual Interest Income | $317.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $40.1MM$43.4MM |
| Loans | Q1 2019vs Q1 2018 | $15.2MM$14.8MM |
| Deposits | Q1 2019vs Q1 2018 | $35.6MM$39.0MM |
| Equity Capital | Q1 2019vs Q1 2018 | $4.4MM$4.1MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $184.00K$177.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $45.00K$70.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Rates
Rates for Central Credit Union (MD) are currently being reviewed.
Locations
| Central Credit Union (MD) Locations | ||
|---|---|---|
| Branch Office | 8501 La Salle Rd | Baltimore, MD 21286-5914 |
| Branch Office | Fifth Street | Perry Point, MD 21902 |