EIN 52-0627114

State Employees Credit Union of Maryland (SECU)

IRS 501(c) type
501(c)(14)
Num. employees
517
Year formed
1951
Most recent tax filings
2019-12
Description
To make a positive contribution to the financial well-being of those we serve. State Employees Credit Union of Maryland, Inc. (Secu) must be known, valued, and utilized. To continue to serve marylanders with financial products, services and cutting ed...

Program areas at SECU

Deposit products & services: Secu provides deposit products and services to members. These deposit products include savings, checking, money market, certificates of deposit, and individual retirement accounts. As of december 31, 2019, Secu had 567,308 deposit accounts outstanding. Secu's deposit rates continue to be some of the most competitive rates offered by federally insured financial institutions.
Traditional/online/mobile banking:secu offers online and mobile banking to members in addition to 22 branches and 109 automated teller machines throughout the State.
Loan products:secu provides mortgage, consumer and business loans to members at competitive rates. These loans include 1st and 2nd mortgages, home equity lines of Credit, Credit card, unsecured lines of Credit, new and used auto loans, and student loans as of december 31, 2019, Secu had 157,465 loans outstanding to members totaling $3.32 billion.

Form 990s for SECU

Fiscal year endingDate received by IRSFormPDF link
2018-122020-02-10990View PDF
2017-122019-03-15990View PDF
2016-122018-01-18990View PDF
2015-122016-11-04990OView PDF
2014-122016-02-08990OView PDF
...and 5 more Form 990s

Grants made by SECU

GranteeGrant descriptionAmount
Secu MD FoundationProgram Support$167,400
 Subscribe to view████ ████$99,999
 Subscribe to view████ ████$99,999
 Subscribe to view████ ████$99,999
 Subscribe to view████ ████$9,999

Financials for SECU

RevenuesFYE 12/2019
Total grants, contributions, etc.$0
Program services$183,440,263
Investment income and dividends$20,516,807
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$717,193
Net gain from sale of non-inventory assets$3,104,681
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$207,778,944

Personnel at SECU

NameTitleCompensation
David SweiderkChief Executive Officer and President$251,197
Michael GordyChief Operating Officer and Executive Vice President$391,181
Steven ArbaughChief Financial Officer and Senior Vice President$321,977
 Subscribe to viewVice President , Operations$189,410
 Subscribe to viewVice President , It and Operations$275,488
...and 13 more key personnel

Organizations like SECU

OrganizationLocationRevenue
ELGA Credit UnionBurton, MI$56,196,393
Metro Credit UnionChelsea, MA$89,211,246
FORUM Credit UnionIndianapolis, IN$84,015,212
Jeanne D'Arc Credit UnionLowell, MA$65,784,640
Ih Mississippi Valley Credit UnionMoline, IL$95,764,953
AmeriCU Credit UnionRome, NY$90,966,659
Indiana Members Credit UnionIndianapolis, IN$91,570,377
Ttcu Federal Credit UnionTulsa, OK$107,654,707
Credit Unions Chartered in the State of Michigan - 425 Michigan Schools and Govt CredClinton Township, MI$97,964,975
Fox Communities Credit Union (FOXCU)Appleton, WI$84,223,252
Royal Credit Union (RCU)Eau Claire, WI$131,746,038
Summit Credit UnionMadison, WI$153,615,518
Idaho Central Credit UnionPocatello, ID$296,266,028
Bayport Credit UnionNewport News, VA$93,291,014
Pawtucket Credit UnionPawtucket, RI$92,968,318
Greater Nevada Credit UnionCarson City, NV$73,910,723
Consumers Credit UnionOshtemo, MI$82,426,936
Space Coast Credit UnionMelbourne, FL$229,476,019
Genisys Credit UnionAuburn Hills, MI$152,232,387
OneAz Credit Union (OneAZ)Phoenix, AZ$106,232,415
Westerra Credit Union - 20 Westerra Credit UnionDenver, CO$71,471,009
UW Credit UnionMadison, WI$177,798,849
Kitsap Credit Union (KCU)Bremerton, WA$74,132,215
Listerhill Credit UnionSheffield, AL$53,487,790
Schools Financial Credit UnionSacramento, CA$101,261,825
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$207,778,944
2019
Yearly growth
7.4%
% of revenues
n/a
Total expenses
$188,108,459
2019
Yearly growth
9.6%
% of expenses
n/a
Total assets
$3,776,557,961
2019
Yearly growth
3.6%
% of assets
n/a
Num. employees
517
2019
Yearly growth
1.6%
% of total
n/a
General information
Address
971 Corporate Boulevard
Linthicum, MD 21090
Metro area
Baltimore-Columbia-Towson, MD
Website URL
secumd.org/ 
Phone
(410) 487-7328
IRS details
EIN
52-0627114
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Central organization