Overview of Local 355 MD Credit Union

Local 355 MD Credit Union was established in 1962 and is based in the state of Maryland. The credit union currently has 1 branch and 1 employee. As of December 2021, the credit union has 1,750 members.

Who Can Join?

This credit union is religious, or fraternal, or low-income associational credit union in the Baltimore, Maryland area. You are eligible to join if you belong to the group, organization or community that this credit union serves. Immediate families of current members are also eligible to join.

Contact Information

  • Main Office Address: 1030 S Dukeland St, Baltimore, MD 21223-3303
  • Website: Not Available
  • Phone: (410) 566-5700
  • Charter Number: 14815
  • Charter Year: 1962
  • Employees: 2
  • Local 355 MD Credit Union Routing Number: 252076329
  • Membership Trends: On average, credit unions in Maryland each have 28,138 members while across the United States the average credit union has 26,230 members. By comparison, Local 355 MD Credit Union has total members of 1,750 which is significantly smaller than the average credit union in the state. Over the past three years, the credit union’s total base of members has increased by 2%.

Financial Information

  • Total Assets: $6 million
  • Total Loans: $1 million
  • Total Net Worth: $1 million
  • Total Net Worth Per Member: $633
  • Net Worth Ratio: 19.3%. Based on the NCUA guidelines, this credit union is well capitalized.

Other Credit Unions in Maryland

There are currently 72 credit unions operating in the state of Maryland and combined these credit unions have 2.0 million members. In addition to this credit union, you may also be eligible to join the following credit unions in the state: Potomac Federal Credit Union, Baltimore County Employees Credit Union, First Peoples Community Credit Union and Masters, Mates & Pilots Credit Union.