Funder DirectoryMUNICIPAL EMPLOYEES CREDIT UNION OF
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Grantmaking public charityEIN 520284053

MUNICIPAL EMPLOYEES CREDIT UNION OF

BALTIMORE, MD 21202

Total Assets

$1.3B

FY 2024

Annual Giving

$71K

FY 2024

Grants Made

6

FY 2024

Avg Grant

$12K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

Mecu provides deposit products and services to consumer and business members. These deposit products include savings, checking, money market, certificates of deposit, and individual retirement accounts. As of december 31, 2024, mecu had aggregate deposit balances that approximated $1,045,819,000. Mecu's deposit rates continue to be some of the most competitive rates offered by federally insured financial institutions.

Program 2

Mecu is committed to member financial education. Some of the programs that mecu provides include discounted mortgage rates through first-time homebuyer's programs and buy in baltimore loans, homebuyer's workshops, credit repair workshops, basics of money management, new employee /pre-retirement workshops, and free 1-1 coaching/credit counseling services for all members.

Financial Snapshot

2024 filing

Total Revenue

$77.7M

Total Expenses

$75.4M

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $104K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

20 grants

$21K
1 grant
MDDC CU ASSOCIATION
$20K
1 grant

Grant Size Distribution

20 grants

<$10K
8
grants
$10–50K
12
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Maryland
$306K
83% of total
Georgia
$64K
17% of total

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