Overview / Commentary
971 Corporate Blvd
Linthicum, MD 21090-2342

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 December of 2021, it had grown to 361 employees and 247,370 members at 26 locations. SECU has an A health rating.

Field of Membership Restrictions

Membership in SECU of Maryland is open to 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 funding, and over 500 local Select Employer Groups
See current membership details

SECU is the Way To Go

I use State Employees Credit Union. In general it has been a good experience with their credit union, in general I get lower rates on several items and their fees are almost non-existent. In addition to this, it makes my banking fairly seamless across different categories. The main reason I use them though is that their money market funds tend to earn more interest than a typical bank. They also are not publicly traded, and involved with investment services, so I do feel that my money is a bit safer in their credit union.

In addition to this, it comes with extra benefits such as being able to withdraw funds for free and almost no ATM fees. It is one of the biggest advantages. They also don't require minimum balances, something that I have noticed that larger publicly traded banks do.

SECU for the win

Maryland State Employees Credit Union is a great credit union that offers all the services you would expect at reasonable prices. I've used both their checking and savings accounts and both have competitive rates. There's branches across the state of Maryland and they have plenty of ATMs for your convenience. I've also purchased CDs from them in the past. They have a wide variety of terms available for their CDs. Since I no longer live in Maryland, I do most of my banking with SECU online. Their website is pretty useful and I like it but I prefer banking in person because feel confident actually talking to a person. I really wish I could get my foreign banking transactions waived, it would make me much more likely to do more banking with SECU. But overall it's been a great credit union.

SECU is the alternative to the big banks that you have been looking for

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SECU is Maryland's leading credit union, and I have had a personal savings and checking account with them for ten years. Their rates blow the big banks rates out of the water, especially if you sign up for a long term program. They give incentives for this type of patronage and makes the deal work great for both parties. I prefer credit unions over others by a good margin, and this specific credit union by an even larger margin.

Worst Customer Service Of My Life

You could not pay me to use this credit union. Expect the worst customer service imaginable when dealing with these people. I have been a member for over 12 years, and my experience has been unbelievable.

My debit card was cloned, and my bank account was drained, meaning I could not withdraw any cash before canceling the card. I do not own a credit card, and have no other means of payment, meaning I cannot buy food, pay bills, buy gas, etc. without this card.

I was told that the funds would be replaced, and a new card would be given in 7-10 days. 16 days later I call to figure out why I don't have it and they asked me "what debit card?" the card was never sent. Outraged I insist I cannot wait any longer, I need the card now. I was guaranteed 3-day expedited shipping. Two days later I call again to make sure it is on track, and I was told I was not given 3-day shipping, it would take ANOTHER 7-10 days. I tell them I'm getting this card now or I'm liquidating my account, they tell me I'll have overnight shipping and a tracking number. Four days have gone by, I have no tracking number, no debit card, nothing. The wait ques are an hour long each time to even speak to a representative.

Every time I speak with a representative, whether it be a manager, a supervisor, you name it, I am given promises. All of these promises are baseless and empty, they do not give a **** about you and will do nothing to help you. If I could give them negative stars I would, they don't even deserve one.



Health Grade Components

NCUA #66330
Year Chartered1951
Primary Regulator
Profit Margin
Return on Assets - YTD0.49%
Return on Equity - YTD5.7%
Annual Interest Income$111.5MM
Assets and Liabilities
AssetsQ4 2021vs Q4 2020$4.78B$4.38B
LoansQ4 2021vs Q4 2020$3.29B$3.00B
DepositsQ4 2021vs Q4 2020$4.29B$3.89B
Equity CapitalQ4 2021vs Q4 2020$407.6MM$400.6MM
Loan Loss AllowanceQ4 2021vs Q4 2020$30.0MM$35.6MM
Unbacked Noncurrent LoansQ4 2021vs Q4 2020$14.5MM$20.4MM
Real Estate OwnedQ4 2021vs Q4 2020$454.00K$0
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Always verify rates and promotions with the bank or credit union. We are not SECU; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

SECU Savings Account Rates

0.20%$10-Business Savings
0.10%$10-Roth Contributory IRA
0.10%$10-Coverdell Education Savings Account
0.10%$10-Roth Conversion IRA
0.10%$10-Share Savings
0.10%$10-IRA Savings
0.10%--Holiday Savings
0.10%$300-Secured VISA Holding Account

SECU Money Market Rates

0.50%*$100k*-Business Money Market
OTHER TIERS: 0.20% $2k - $25k | 0.30% $25k - $50k | 0.40% $50k - $100k
0.30%*$500k*-Advantage Money Manager
OTHER TIERS: 0.20% $25k - $100k | 0.25% $100k - $500k
0.20%*$100k*-Money Manager
OTHER TIERS: 0.10% $2k - $25k | 0.15% $25k - $100k

SECU Checking Account Rates

0.10%--SECU Total – Platinum
0.10%--SECU Total – Gold
0.10%--SECU Total – Silver
0.05%$1k-SECU Total – Bronze


1.25%$500-12 Month Platinum CD
1.10%$100k-2 Year Jumbo CD
1.05%$500-5 Year CD
1.00%$500-4 Year CD
1.00%$500-2 Year CD
1.00%$500-12 Month Gold CD
0.95%$500-3 Year CD
0.90%$500-30 Month CD
0.85%$100k-1 Year Jumbo CD
0.80%$500-18 Month CD
0.75%$500-1 Year CD
0.75%$500-11 Month CD
0.70%$500-9 Month CD
0.60%$500-5 Year Step Up CD
0.60%$500-6 Month CD
0.55%$500-1 Year Add-On CD
0.55%$500-3 Month CD


1.25%$500-12 Month Platinum IRA
1.10%$100k-2 Year Jumbo IRA
1.05%$500-5 Year IRA
1.00%$500-4 Year IRA
1.00%$500-2 Year IRA
1.00%$500-12 Month Gold IRA
0.95%$500-3 Year IRA
0.90%$500-30 Month IRA
0.85%$100k-1 Year Jumbo IRA
0.80%$500-18 Month IRA
0.80%$500-15 Month IRA
0.75%$500-1 Year IRA
0.60%$500-5 Year Step Up IRA


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