Maryland
REGULATING AGENCY: Maryland Department of Labor; Office of Financial Regulation
Maryland State House
- Tony Salazar, Commissioner
- Teresa Louro, Deputy Commissioner, Depository Supervision
- Website: dllr.state.md.us/finance
LEAGUE: MD|DC Credit Union Association
- John Bratsakis, President/CEO
- Website: mddccua.org
PRIVATE SHARE INSURANCE: YES
2024 STATS
- Largest SCU: STATE EMPLOYEES CU OF MARYLAND, INC CU $5.5B in assets
- Largest FCU: NASA FCU $5.38B in assets
| First Quarter 2024 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 7 | 57 | 64 | 10.94% |
| Credit Union Members | 0.45M | 1.65M | 2.1M | 21.51% |
| Credit Union Assets | $8.13B | $29.62B | $37.75B | 21.54% |
FUN FACT
The first umbrella factory in the country opened in 1928 in Baltimore. Additionally, the Baltimore & Ohio Railroad Company constructed the first railroad station in Baltimore in 1830.
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