Maryland

REGULATING AGENCY: Maryland Department of Labor; Office of Financial Regulation

Maryland State House

LEAGUE: MD|DC Credit Union Association

PRIVATE SHARE INSURANCE: YES

STATS: (As of Q4 2021)

Total Number of Credit Unions: 73

  • TOTAL # SCUs: 7
  • TOTAL # FCUs: 66
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 10%

Total Assets: $33,398,027,850

  • TOTAL $ SCU ASSETS: $7,465,483,121
  • TOTAL $ FCU ASSETS: $25,932,544,729
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 22%

Total Members: 2,028,413

  • TOTAL Members SCUs: 442,252
  • TOTAL Members FCUs: 1,586,161
  • SCU % OF TOTAL (SCUS/STATE TOAL): 22%

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.

RECENT NEWS

Point Breeze Credit Union Names New President and CEO

December 20, 2021 — Bernie McLaughlin, current CEO of Point Breeze, will retire on January 31, 2022 after 9 years of leadership.

Point Breeze Credit Union has announced that Tonia Niedzialkowski has been promoted to President and CEO of the organization.

Niedzialkowski has served in various roles at Point Breeze since joining the team in 1994, having most recently served as President. Her elevation to CEO is part of a planned transition of leadership that has been in place for the past several years.

“We are thrilled to have Tonia continue to expand her role in leading this organization as CEO,” said Don Gundlach, Chairman of the Point Breeze Credit Union Board of Directors. “Her transformational leadership has set our organization on a path for continued success. Making the needs of our members top priority and inspiring our amazing team of professionals to strive for constant improvement and personal growth has led us to where we are today. We are grateful to Bernie for his years of leadership at Point Breeze, and for setting the foundation for the organization’s current growth trajectory. We wish him all the best in his retirement and look forward to the future with Tonia leading the way.”

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