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

PRIVATE SHARE INSURANCE: YES


2025 STATS 
  • Largest SCU: STATE EMPLOYEES CU OF MARYLAND, INC CU $5.58B in assets
  • Largest FCU: NASA FCU $5.56B in assets
First Quarter 2025 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 7 56 63 11.11%
Credit Union Members 0.46M 1.68M 2.13M 21.35%
Credit Union Assets $8.21B $29.97B $38.18B 21.50%

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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