Credit union
First Financial of Maryland Federal Credit Union
Sparks, Maryland, Baltimore County, MD
$1.4B in total assets and 81,365 members, the 353rd largest of 4,298 US credit unions and 7th of 59 headquartered in Maryland.
- NCUA charter
- 8554
- Charter
- Federal
- Chartered
- 1953
- NCUA insured since
- 1971
- Field of membership
- Multiple common bond - primarily educational
- Low-income designation
- Yes
At a glance
Compared with 9 federally insured credit unions in Maryland with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.4B | 33% | $2.7B | |
| Loans | $930M | 22% | $2.1B | |
| Deposits (shares) | $1.2B | 22% | $2.0B | |
| Members | 81,365 | 22% | 162,195 | |
| Return on assets | 0.34% | 22% | 0.84% | |
| Net interest income to assets | 3.46% | 67% | 3.31% | |
| Efficiency ratio | 79.8% | 67% | 77.1% | |
| Net worth ratio | 16.73% | 98% | 10.79% | |
| Loans to shares | 79% | 22% | 88% | |
| Cost of deposits | 1.40% | 33% | 1.65% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 3.7% a year over 10 years and 2.8% a year over the last 5, including 3 mergers in the last 10 years. Membership grew 4.5% a year over 5 years, to 81,365.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Feb 2026 | Cecil County School Employees Federal Credit Union Credit union, Elkton, MD | $25M |
| Apr 2025 | St. Joseph Medical Center MD Federal Credit Union Credit union, Towson, MD | $14M |
| Mar 2022 | WOR Co Federal Credit Union Credit union, Pocomoke City, MD | $3M |
Where they operate
10 branches in 4 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Baltimore County, MD | 7 | 3.4% | 9 of 39 |
| Carroll County, MD | 1 | 2.5% | 8 of 12 |
| Cecil County, MD | 1 | 4.2% | 5 of 13 |
| Worcester County, MD | 1 | 3.1% | 10 of 14 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 10 | |
| 2017 | 10 | 0 |
| 2018 | 9 | −1 |
| 2019 | 9 | 0 |
| 2020 | 8 | −1 |
| 2021 | 7 | −1 |
| 2022 | 8 | +1 |
| 2023 | 8 | 0 |
| 2024 | 8 | 0 |
| 2025 | 9 | +1 |
| Jun 2026 | 10 | +1 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.54% | 0.53% |
| Net worth ratio | 16.73% | 10.79% |
| Loans to shares | 79% | 88% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Maryland
Most branches in Baltimore County, MD
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.