Sep, 30, 2025 — BALTIMORE COUNTY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in TOWSON, MD with 3 branch locations and about $515.72 million in total assets. Opened 63 years ago in 1963, BALTIMORE COUNTY EMPLOYEES FEDERAL CREDIT UNION has about 28,794 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BALTIMORE COUNTY EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 23 W Susquehanna Ave TOWSON, MD 21204 |
| Phone: | (410) 828-4730 |
| Fax: | (410) 828-0325 |
| Website: | https://www.peakefederal.com |
| Branches: | 3 branch locations |
| Members: | 28,794 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15394 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $515,720,486 |
| CEO/Manager: | Mark R Caverly |
| Chairperson: | M. Jeffrey Mayhew |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 43,391,438 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 190,243,122 |
| Unsecured Loans | 32,030,183 |
| Other Loans | 108,610,761 |
| TOTAL LOANS | 330,884,066 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,706,226 |
| Land And Building | 2,744,070 |
| Other Fixed Assets | 415,134 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,460,267 |
| All Other Assets | 0 |
| TOTAL ASSETS | 515,720,486 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,468,169 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 67,114,603 |
| Regular shares | 205,370,219 |
| All Other Shares & Deposits | 202,711,780 |
| TOTAL SHARES & DEPOSITS | 475,196,602 |
| TOTAL LIABILITIES | 478,664,771 |
| Regular Reserve | 0 |
| Other Reserves | -3,151,231 |
| Undivided Earnings | 40,206,946 |
| TOTAL EQUITY | 37,055,715 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 515,720,486 |
| INCOME & EXPENSE | |
| Loan Income | 11,419,744 |
| Investment Income | 2,903,143 |
| Other Income | 1,746,200 |
| Total Employee Compensation & Benefits | 5,147,671 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,142,421 |
| Non-operating Income & (Expense) | 64,215 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 579,500 |
| Cost of Funds | 4,498,426 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,450,237 |
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