The SECU Credit Union was established in 1951 in Baltimore Maryland. This full-service credit union has a primary goal of helping members achieve financial goals. Today, this state-chartered credit union is the largest in the state of Maryland and ranked at number 49 for assets in the entire United States, totaling $1.75 billion. Currently, more than 248,000 members enjoy the benefits that come from the various products and services this financial restitution provides.
In addition to the products and services provided for personal members this credit union provides support to business members. On the personal side, members have multiple opportunities for various checking accounts, savings accounts, and loans. On the business side, the same products are available however, the SECU Credit Union also provides a couple of unique services such as payroll and human resources services.
Another aspect of this financial institution that makes it unique from others is the vast opportunities members have for different tools and resources specific to financial education. As an example, on the website members can browse through the Calendar of Events to find a number of seminars, workshops, open houses, and more. Along with this, the credit union provides financial articles, a Home and Family Finance Resource Center, a Retirement Central area, financial counseling, and a system called Anytime Advisor, which is available in both English and Spanish.
Then for the credit cards that blank Credit Union offers, the focus is providing members with affordable interest rates, reduced or no fees, and flexible credit limits. For starters, the Shared Secured Visa card is ideal for people with little to no credit, or those trying to rebuild a poor credit history. This credit card offers an Annual Percentage Rate of 10.49%, it has a starting credit limit of $300, members are provided with 24-hour coverage, and the card automatically includes free rental car insurance, as well as $500,000 in travel accident insurance at no charge when tickets are purchased using this credit card.
The Student Visa card is another option, which has an APR of 13.49%. Other benefits include a credit line between $300 and $500, free rental car insurance, free travel accident insurance up to $500,000 whenever tickets are purchased using the card, and a yearend statement with account summary information. For members that prefer a rewards card, the ScoreCard is designed so members can earn points with every purchase made. The accumulated points would then be redeemed for a variety of purchases. The card also no annual or balance transfer, it comes with a low fixed interest rate, and the credit limit is competitive.
Regardless of the credit card chosen, members can use the online banking service to review account statements, apply for loans, and pay bills. This service is free and available 24 hours a day. Additionally, the free Bill Pay system is quick and easy, and completely safe. The SECU Credit Union also offers members free mobile banking, which allows members to handle the same banking and financial issues as the online banking solution but with a mobile device.