First Financial Of Maryland Federal Credit Union
First Financial Of Maryland Federal Credit Union is headquartered in Sparks and is the 8th largest credit union in the state of Maryland. It is also the 361st largest credit union in the nation. It was established in 1953 and as of September of 2022, it had grown to 157 employees and 65,364 members at 8 locations. First Financial Of Maryland Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in First Financial Federal Credit Union is open to the following: (1) employees, students and their families of Baltimore County Public Schools and Colleges, Carroll County Public Schools, Carroll Community College, Notre Dame of Maryland University and other select schools, colleges and universities in the Baltimore area; (2) employees of Baltimore Medical Systems, MedStar Health, Random House, Carroll Health Group and other select employer groups; (3) federal employees working in downtown Baltimore.
See current membership details
Related Posts
FFCU Experience
This bank has been very understanding and quick to respond to any issues I have had They have very short deposit windows for checks, and their fees are very low. I feel comfortable banking with a smaller bank. I was able to open a credit card as soon as I turned 18, and was offered several very reasonable loan packages very early on in my adult life.
Horrible Customer Service
I’ve had an account with them for 30 years. They were great until about 3 years ago. Their Customer Service is absolutely horrible now. I have to wait on hold for an average of 25-35 minutes every time I call. The representatives are poorly trained and often give incorrect information. Their website is awful now. There had been an overall huge decline in FFF due to poor management and untrained employees.
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8554 |
| Year Chartered | 1953 |
| Employees | 157 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.32% |
| Return on Equity - YTD | 2.2% |
| Annual Interest Income | $24.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $1.23B$1.24B |
| Loans | Q3 2022vs Q3 2021 | $673.6MM$621.9MM |
| Deposits | Q3 2022vs Q3 2021 | $1.03B$1.01B |
| Equity Capital | Q3 2022vs Q3 2021 | $179.2MM$221.1MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $3.4MM$2.9MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.8MM$1.4MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |