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 $5.7B in assets
- Largest FCU: NASA FCU $5.5B in assets
| Third Quarter 2024 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 7 | 58 | 65 | 10.77% |
| Credit Union Members | 0.46M | 1.67M | 2.13M | 21.41% |
| Credit Union Assets | $8.25B | $29.35B | $37.6B | 21.94% |
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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