SECU is headquartered in Linthicum and is the largest credit union in the state of Maryland. It is also the 66th largest credit union in the nation. It was established in 1951 and as of March of 2025, it had grown to 349 employees and 264,154 members at 26 locations. SECU has an A health rating.
Field of Membership Restrictions
Membership in SECU is open to all residents of Maryland by joining the SECU MD Foundation (one-time $10 fee). Employees, retirees and contractors of the state of Maryland; employees of Anne Arundel County; alumni, students, faculty and staff of University System of Maryland Schools; employees of organizations located in Maryland that receive federal, state or local fundin; and employees of more than 500 local Select Employer Groups are also eligible to join.
See current membership details
Very Good Personal Service!
I have used SECU for more than 20 years. They are not perfect, but they try, their staff are always courteous. My loan officer is great, financing several mortgages, and beating a new home builder (Winchester) when their loan interest increased 60 days before closing and I could not find another mortgage in time! SECU came through.
Website good but not great, and despite phone delays, and they ALL have delays, you can get through.
Unfortunately last refi 2 years ago, I had to get a private mortgagee, my loan officer complained they were changing things! After rescuing me on my new home financing, he couldn't help refi from 3.875 to 2.75.
Extremely convenient. Checking services very good, bill pay very good. I have belonged to several others, but SECU is still my main financial institute. I have a Bank of America account, and have closed several other banks and credit unions. Always have at least 2 credit unions, always better than banks.
Getting Worse And Worse
SECU MD; As time goes on this credit union is getting worse & worse not only in it's customer service but also in it's website options. SARA is absolutely useless as is some of their customer agents.
They are becoming like alot of other big companies, upper management doesn't want to know or doesn't care how things below them are in real time or are not being given honest information about customer service.
BUT, on the flip side there are those employees who are performing as expected in the treatment of their customers and do resolve issues and problems.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66330 |
| Year Chartered | 1951 |
| Employees | 349 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.41% |
| Return on Equity - YTD | 4.54% |
| Annual Interest Income | $64.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $5.58B$5.5B |
| Loans | Q1 2025vs Q1 2024 | $4.37B$3.97B |
| Deposits | Q1 2025vs Q1 2024 | $4.79B$4.46B |
| Equity Capital | Q1 2025vs Q1 2024 | $493.5MM$428.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $40.8MM$40.4MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $23.6MM$17.3MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $249K$0 |
