Establishing a financial institution is no small feat. Most proposed federal credit unions never obtain a charter because of inadequate donated capital. Let's demonstrate the power of collaboration and raise the $10 million required.
C3 is required to survey the proposed field of membership to determine what products and services potential members want and need. A minimum of 384 surveys completed are required. Please help by taking the quick survey below.
Establishing a financial institution is no small feet. Most proposed federal credit unions never obtain a charter because of inadequate donated funds. Let's demonstrate the power of collaboration and raise the $10 million required.
C3 is required to survey the proposed field of membership to determine what products and services potential members want and need. A minimum of 384 responses are required. Please help by taking the quick survey below.
We will encourage using money and other financial resources carefully and not wastefully to assist with providing financial equity to the underserved and disenfranchised members of the Maryland Community. We plan to economically empower Maryland’s underserved and distressed communities by ensuring that their savings go to work within the communities where those dollars are generated.
We will work to educate our youth on the purpose and importance of savings and understanding how to handle money responsibly. We will also educate youth and adults about credit risk and how to properly position oneself to display low credit risk by focusing on paying all liabilities as agreed upon and accumulating wealth incrementally to foster financial sustainability.
This credit union will support the local business community by providing business services, education, and loan products to keep the business community at the cutting edge of information and technology. We will educate our members on consumer laws and their economic rights.
Personal Checking & Savings Accounts
Business Checking & Savings Accounts Online Banking
Mobile Deposits
Debit Cards
Personal Credit Cards
Business Credit Cards
Investment Accounts
Consumer Loans
Residential Mortgages
Commercial Mortgages
Home Equity Lines of Credit Business Term Loans
Business Lines of Credit
Auto Loans
Equipment Financing
Financial Literacy Education
Youth Credit Education Program
The field of membership shall be limited to those having the following common bond:
Persons who live, work, worship, or attend school in, and businesses and other legal entities, located in the counties of Anne Arundel, Prince George’s, St. Mary’s, Calvert, or Charles, Maryland. Spouses of persons who died while within the field of membership of this credit union; volunteers in the community; members of the immediate family or household; and organizations of such persons.
We will encourage using money and other financial resources carefully and not wastefully to assist with providing financial equity to the underserved and disenfranchised members of the Maryland Community. We plan to economically empower Maryland’s underserved and distressed communities by ensuring that their savings go to work within the communities where those dollars are generated.
We will work to educate our youth on the purpose and importance of savings and understanding how to handle money responsibly. We will also educate youth and adults about credit risk and how to properly position oneself to display low credit risk by focusing on paying all liabilities as agreed upon and accumulating wealth incrementally to foster financial sustainability.
This credit union will support the local business community by providing business services, education, and loan products to keep the business community at the cutting edge of information and technology. We will educate our members on consumer laws and their economic rights.
Personal Checking & Savings Accounts
Business Checking & Savings Accounts Online Banking
Mobile Deposits
Debit Cards
Personal Credit Cards
Business Credit Cards
Investment Accounts
Consumer Loans
Residential Mortgages
Commercial Mortgages
Home Equity Lines of Credit
Business Term Loans
Business Lines of Credit
Auto Loans
Equipment Financing
Financial Literacy Education
Youth Credit Education Program
The field of membership shall be limited to those having the following common bond:
Persons who live, work, worship, or attend school in, and businesses and other legal entities, located in the counties of Anne Arundel, Prince George’s, St. Mary’s, Calvert, or Charles, Maryland. Spouses of persons who died while within the field of membership of this credit union; volunteers in the community; members of the immediate family or household; and organizations of such persons.
We will encourage using money and other financial resources carefully and not wastefully to assist with providing financial equity to the underserved and disenfranchised members of the Maryland Community. We plan to economically empower Maryland’s underserved and distressed communities by ensuring that their savings go to work within the communities where those dollars are generated.
We will work to educate our youth on the purpose and importance of savings and understanding how to handle money responsibly. We will also educate youth and adults about credit risk and how to properly position oneself to display low credit risk by focusing on paying all liabilities as agreed upon and accumulating wealth incrementally to foster financial sustainability.
This credit union will support the local business community by providing business services, education, and loan products to keep the business community at the cutting edge of information and technology. We will educate our members on consumer laws and their economic rights.
Personal Checking & Savings Accounts
Business Checking & Savings Accounts Online Banking
Mobile Deposits
Debit Cards
Personal Credit Cards
Business Credit Cards
Investment Accounts
Consumer Loans
Residential Mortgages
Commercial Mortgages
Home Equity Lines of Credit Business Term Loans
Business Lines of Credit
Auto Loans
Equipment Financing
Financial Literacy Education
Youth Credit Education Program
The field of membership shall be limited to those having the following common bond:
Persons who live, work, worship, or attend school in, and businesses and other legal entities, located in the counties of Anne Arundel, Prince George’s, St. Mary’s, Calvert, or Charles, Maryland. Spouses of persons who died while within the field of membership of this credit union; volunteers in the community; members of the immediate family or household; and organizations of such persons.
When one deposits their dollars into a Community Development Federal Credit Union, they choose to own their financial institution. A Federal Credit Union is owned exclusively by its members/depositors.
This will be the only Minority Depository Institution in the Southern Maryland region with the ability to serve five counties, including Charles, Prince George’s, Anne Arundel, Calvert, and St. Mary’s.
This financial institution is owned by each and every person within our community who deposits and becomes a member. Therefore, as a community, we will continue to invest in each other.
On January 29, 2024, the National Credit Union Administration (NCUA) pre-approved the Proof of Concept submission as part of the first of their 3 phase chartering process. For the first time in Maryland history, the NCUA preliminarily agreed to consider these five counties as one community: Charles, Prince George’s, Anne Arundel, Calvert, and St. Mary’s.
This credit union will serve the entire community, focusing on African American and Hispanic residents—as financial institutions have historically underserved them. It is time to begin healing the wounds of economic disparity and ensuring that wealth stays within our communities.
Please help make this vision possible!
On January 29, 2024, the National Credit Union Administration (NCUA) pre-approved the Proof of Concept submission as part of the first of their 3 phase chartering process. For the first time in Maryland history, the NCUA preliminarily agreed to consider these five counties as one community: Charles, Prince George’s, Anne Arundel, Calvert, and St. Mary’s.
This credit union will serve the entire community, focusing on African American and Hispanic residents—as financial institutions have historically underserved them. It is time to begin healing the wounds of economic disparity and ensuring that wealth stays within our communities.
Please help make this vision possible!