Nymeo Federal Credit Union is headquartered in Frederick, Maryland. It was chartered in 1964.
Credit union membership is open to anyone who lives, works, worships or attends school in the City of Frederick. Please refer to the credit union’s website for the full details of credit union membership eligibility.
Nymeo has branches in the Maryland cities of Frederick, Gaithersburg, Germantown and Adelphi. Nymeo is also part of the shared branch network, CU Service Center, which allows Nymeo members to conduct many banking transactions at branches of other credit unions that are part of this network throughout the nation.
Nymeo members have surcharge-free access to thousands of ATMs in the CO-OP and AllPoint Network.
A share savings account must be maintained by each member with a $5 minimum balance.
A free checking account is available with no monthly service fee and no minimum balance requirement.
Additional noteworthy deposit products include a money market account, share certificates and Individual Retirement Accounts (IRAs). IRAs can be opened as a Traditional, Roth or Coverdell ESA.
Noteworthy services offered by Nymeo include online banking, online bill pay, mobile banking, external account-to-account transfers and Popmoney that allows sending and moving money to and from other people.
Membership in Nymeo is open to those who live, work, worship, attend school, or regularly conduct business in Frederick or Montgomery Counties, Maryland. Membership is also open to immediate family of current members.
See current membership details
The only reason for the rating of "2" is because the branch staff members really try very hard and diligently to work with customers. This rating really address the people and systems a customer never gets to see.....the ones at the other end of endless message trees and unanswered emails! But for the branch staff there would be no stars on this rating.
After over 25 years of great banking at my credit union...the credit union was taken over by NYMEO.... ... Everyday is a new adventure and not a pleasant one. Just this week I have tried to activate a credit card....no luck; emailed for help....no response; called for help got "sorry our systems are down please call back in 1/2 hour" message;
If you get stuck on a NYMEO phone/message tree there is no option provided for help (or escape) so you have to start over. You just keep getting the message "you have made an invalid selection"......funny since on a couple calls I didn't even make selections.....guess I just wasn't fast enough to satisfy the 24 hour service line that was answered by a computer! Have had to make more calls and requests for assistance in three months time than in 25 years....REALLY? And none of this is the complex stuff of finances and banking!
Sad but true....am activly working to switch all but minimal banking to an off worksite - non credit union - bank. If the branch staff was not so good at trying to give great service, this would be a rating of negative stars!
I have never in my LIFE experienced customer service this bad! And believe me, I've experiences some pretty bad CS. I've been trying for months to speak to some sort of manager at Nymeo because the representatives that I've been speaking with are incompetent! I've left messages and emails, NO RESPONSE!! DO NOT EVEN CONSIDER BANKING WITH THESE PEOPLE!!
I just had yet another extraordinarily frustrating interaction with Nymeo Federal Credit Union, surely the world's most poorly run credit union. The criteria for employment there are as follows: 1) No information about how to process transactions and no interest in or ability to obtain that information, 2) No knowledge of or interest in bank procedures, 3) No interest in customers needs and absolutely no intention of becoming interested. Without total ignorance and possibly hatred of the institution one works for and for its customers, one cannot be employed there. There is no reason in the world to trust ones money to this institution. DO NOT DO IT.
Went with this bank to support a local bank versus a large impersonal bank. Service is pretty bad, their website is antiquated, But, the worst part is ALL THOSE FEES!. OMG, I switched to them and started bleeding cash, Did you know that their website which refers you to "surcharge free ATMs" actually means that you indeed DO get charged with a fee? Don't know how they can do this legally, but looks like they're not worried about it. And they hold checks and direct deposits for a sufficient length of time to trigger their pricey overdraft protection. You can do better. Much better
|Return on Assets - YTD||0%|
|Return on Equity - YTD||0.04%|
|Annual Interest Income||$2.5MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$352.1MM$340.9MM|
|Loans||Q1 2022vs Q1 2021||$194.8MM$199.8MM|
|Deposits||Q1 2022vs Q1 2021||$314.0MM$300.0MM|
|Equity Capital||Q1 2022vs Q1 2021||$30.4MM$32.8MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$1.7MM$2.1MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$1.5MM$2.4MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$0$0|
Rates for Nymeo Federal Credit Union are currently being reviewed.
|Nymeo Federal Credit Union Locations|
|Branch Office||193 THOMAS JOHNSON DR||FREDERICK, MD 21702|
|Branch Office||5301 BUCKEYSTOWN PIKE STE 205D||FREDERICK, MD 21704-8380|
|Branch Office||1 BANK ST STE 100||GAITHERSBURG, MD 20878-1501|
|Branch Office||1041A W PATRICK ST||FREDERICK, MD 21702-3903|