Tidemark Federal Credit Union is headquartered in Seaford and is the 3rd largest credit union in the state of Delaware. It is also the 788th largest credit union in the nation. It was established in 1959 and as of March of 2021, it had grown to 51 employees and 16,570 members at 6 locations. Tidemark Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Tidemark Federal Credit Union is open to those who live, work, worship, or attend school in Sussex County in Delaware, or Somerset, Worcester, or Wicomico counties in Maryland. Membership is also open to family members of those eligible.
See current membership details
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SFCU is an ok bank
The security the bank uses to protect its customers has consistently been lacking. In the past 2 or 3 years both of my parent's credit card's have been stolen from the bank. It was relatively easy to fix but was aggravating that the problem happened in the first place. I do not have a credit card here, so I have had no problem with it being stolen. The bank is also trying to shift to automated banking which I do not like. They do however have a free coin counter in their Millsboro location on Route 24.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13121 |
| Year Chartered | 1959 |
| Employees | 51 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.26% |
| Return on Equity - YTD | 9.16% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $399.6MM$301.4MM |
| Loans | Q1 2021vs Q1 2020 | $157.9MM$152.8MM |
| Deposits | Q1 2021vs Q1 2020 | $345.5MM$250.9MM |
| Equity Capital | Q1 2021vs Q1 2020 | $52.5MM$49.6MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $1.4MM$1.3MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $373.00K$778.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $251.00K$662.00K |