Overview / Commentary
Destinations Credit Union is headquartered in Baltimore and is the 38th largest credit union in the state of Maryland. It is also the 2,221st largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 16 employees and 5,865 members at 2 locations. Destinations Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Destinations Credit Union is open to those who live in Parkville, Maryland. Employees of more than 170 Select Employer Groups (including American Red Cross (MD Chapter), Aramark Corporation, and Maryland General Hospital) are also eligible for membership. Immediate family of a current Destinations Credit Union membership qualify for membership.
See current membership details
Health
B+
Data as of Q1 2025
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. Destinations Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66333 |
| Year Chartered | 1935 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.05% |
| Return on Equity - YTD | -0.37% |
| Annual Interest Income | $636K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $64.6MM$65.8MM |
| Loans | Q1 2025vs Q1 2024 | $29.6MM$31.5MM |
| Deposits | Q1 2025vs Q1 2024 | $56.2MM$58.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8MM$7.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $294K$291K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $269K$227K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |