MUNICIPAL EMPLOYEES CREDIT UNION OF BALTIMORE INC
ONE SOUTH STREET, BALTIMORE, MD 21202 www.mecu.com

Total Revenue
$72,074,622
Total Expenses
$68,478,207
Net Assets
$139,686,751

Organizations Filed Purposes: OUR MISSION IS TO EMPOWER OUR MEMBERS TO IMPROVE THEIR FINANICAL WELL-BEING AND LIVE BETTER.

MECU IS A CREDIT UNION WHICH PROVIDES A FULL ARRAY OF FINANCIAL SERVICES TO ITS MEMBER OWNERS .

MECU PROVIDES CONSUMER AND BUSINESS LOANS TO MEMBERS AT COMPETITIVE RATES. THESE LOANS INCLUDE: MORTGAGE, HOME EQUITY, VEHICLE, CREDIT CARD, AND UNSECURED LOANS. IN 2019, MECU PAID A BONUS REWARD TO ITS MEMBERS.

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, 2019, MECU HAD 203,572 DEPOSIT ACCOUNTS OUTSTANDING. MECU'S DEPOSIT RATES CONTINUE TO BE SOME OF THE MOST COMPETITIVE RATES OFFERED BY FEDERALLY INSURED FINANCIAL INSTITUTIONS. MECU ALSO PAID A BONUS REWARD DIVIDEND TO ITS MEMBERS IN 2019.

MECU STRIVES TO OFFER PRODUCTS AND SERVICES DESIGNED TO IMPROVE THE ECONOMIC AND SOCIAL WELL BEING OF ALL MEMBERS FROM ALL SOCIO-ECONOMIC BACGROUNDS. 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, HOME BUYER'S WORKSHOPS, CREDIT REPAIR WORKSHPS, BASICS OF MONEY MANAGEMENT, NEW EMPLOYEE AND PRE-RETIREMENT WORKSHOPS, AND FREE CREDIT COUNSELING SERVICES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John HamiltonPRESIDENT AND CEO50$459,067
Natalie WoomerVP OF ACCOUNTING AND CONTROLER (FORMER)45$350,829
Adrian JohnsonSENIOR VP AND CFO45$209,419
Kathy SheltonSENIOR VP PRESIDENT AND COO45$193,939
Mary TaylorVP CHIEF COMMERCIAL LENDING OFFICER45$190,398
Richard SmithVP LENDING45$186,431
Thomas PoeVP OF MARKETING45$162,427
Christopher LumleyVP OF INFORMATION SERVICES45$162,276
Michelle WilliamsVP HUMAN RESOURCES45$148,209
G Louise GreenTREASURER2$24,500
Roman ClarkVICE CHAIR PERSON2$24,500
Gary MclhinneySECRETARY2$22,400
Benjamin MeliBOARD MEMBER2$19,500
Herman WilliamsCHAIRPERSON2$19,100
Deborah Moore-CarterBOARD MEMBER2$15,600
Kaliope ParthemosBOARD MEMBER2$13,400
Ernest GlinkaBOARD MEMBER2$11,400
Peggy PeacockBOARD MEMBER2$10,200
Kara King-BassBOARD MEMBER2$10,000
Harry DeitchmanBOARD MEMBER1$8,400
Lorretta JohnsonBOARD MEMBER1$7,800

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023159349303037_public.xml