State Employees Credit Union Of Maryland
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State Employees Credit Union Of Maryland
State Employees Credit Union of Maryland (also known as SECU of Maryland or SECU Maryland or SECU MD) is a state-chartered credit union headquartered in Linthicum, Maryland. It is the largest non-profit credit union and it is regulated; under the authority of ''The Office of the Commissioner of Financial Regulation'', State of Maryland. History SECU Maryland began its operation in the year 1951 with the then-Governor Theodore McKeldin as its first member. In the spring of 1953, it opened its first office. And from 1959 to 1975, its operational head office moved within Baltimore multiple times. Finally, by 1979–80, SECU Maryland moved its headquarters in Towson. During the same period, it crossed the 50,000th membership enrollment mark. Currently, the new headquarters are located at Linthicum, Maryland As of June 2020, SECU Maryland has over $4 billion in assets and over 260,000 members. Its ATM distribution network spread out at 55 branches and 54 remote locations across t ...
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ...
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ...
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Credit Unions Based In Maryland
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from past ...
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Towson Center
Towson Center is Towson University's 5,250-seat multi-purpose arena, in Towson, Maryland. The arena opened in 1976. It was home to the Towson Tigers Men's and Women's basketball teams, the Volleyball team, and the Gymnastics team from 1976 to 2013. On 16 October 1979 Towson Center hosted a concert by the rock'n'roll band AC/DC as part of its 'Highway to Hell' US tour with an attendance of 4,175. In January 2011, it was formally announced that Towson Center would undergo a comprehensive renovation as part of the development of the new SECU Arena, which opened in 2013. Under the new development, Towson Center's main arena was subdivided into a basketball practice facility, a gymnastics practice facility, offices for the Department of Athletics, a new Sports Performance facility featuring 10,000 square feet of space for both sports medicine and strength/conditioning plus a comprehensive academic/life skills center. Fields close to Towson Center Softball The Softball Complex ...
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Towson University
Towson University (TU or Towson) is a public university in Towson, Maryland. Founded in 1866 as Maryland's first training school for teachers, Towson University is a part of the University System of Maryland. Since its founding, the university has evolved into eight subsidiary colleges with over 20,000 students. Its 329-acre campus is situated in Baltimore County, Maryland eight miles north of downtown Baltimore. Towson is one of the largest public universities in Maryland and still produces the most teachers of any university in the state. History Maryland State Normal School The General Assembly of Maryland established what would eventually become Towson University in 1865, with the allocation of funds directed toward Maryland's first teacher-training school, or then called "normal school" (term used from a new French tradition). On January 15, 1866, this institution, known then as the "Maryland State Normal School" (M.S.N.S.), officially opened its doors as part of th ...
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Sports Complex
A sports complex is a group of sports facilities. For example, there are track and field stadiums, football stadiums, baseball stadiums, swimming pools, and Indoor arenas. This area is a sports complex, for fitness. Olympic Park is also a kind of Entertainment complex. Examples of a sports complexes: Asia * Azadi Sport Complex * Cebu City Sports Complex * Dasana Indah Sport City * Davao City–UP Sports Complex * Davao del Norte Sports Complex * Deli Sport City * Doyo Baru Sport Complex * Gelora Bung Karno Sports Complex * Gelora Bung Tomo Sports Complex * Rizal Memorial Sports Complex * Jerusalem Sports Quarter * Jakabaring Sport City * Jalak Harupat Sports Complex * JRD Tata Sports Complex * Kalinga Stadium * Lukas Enembe Sport Complex * Malaysia National Sports Complex * Marikina Sports Center * Mimika Sport Complex * Nanjing Olympic Sports Center * New Clark City Sports Complex * Olympic Green * Panaad Park and Sports Complex * Rawamangun Sports Complex * Shree Shiv C ...
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SECU Arena
SECU Arena is a 5,200-seat multi-purpose arena on the Towson University campus in Towson, Maryland. The arena was completed and opened in 2013, and now hosts the men's and women's basketball teams, as well as the volleyball and gymnastics teams. It replaced the Towson Center, which had been in use since 1976. The arena has 340 club seats, four private suites and 104 court side seats. Upon opening, the arena was awarded LEED Gold certification for energy use, lighting, water and material use, and other sustainable features. In addition to being the home of several Towson sports teams, the arena also serves several other functions. It has been used as a concert arena for artists such as the Backstreet Boys, Gavin DeGraw, and Juicy J. Since opening, the arena has been host to an annual performance by the Harlem Globetrotters. Additionally, both the university and local Baltimore County high schools use the facility for their commencement ceremonies. In 2017 the Baltimore Blast mov ...
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COVID-19 Pandemic In Maryland
The COVID-19 pandemic was confirmed to have reached the U.S. state of Maryland in March 2020. The first three cases of the virus were reported in Montgomery County on March 5, 2020. , the Maryland Department of Health (MDH) reported 1,303,829 positive cases, 15,575 confirmed deaths, and 4,914,005 are fully vaccinated with the primary vaccination series. County fully vaccinated rates range from 93% in Montgomery County to 52% in Somerset County. Timeline In late January 2020, Maryland hospitals began travel screening for coronavirus when taking in new patients entering the emergency room. State health officials announced on January 30, 2020, that the first person tested in Maryland for the novel coronavirus did not have the virus. Fran Phillips, deputy state health secretary for public health services, stated that the risk for Maryland residents of contracting the virus remained low. Maryland medical facilities, educational institutions, and businesses disseminated guidanc ...
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National Credit Union Administration
The National Credit Union Administration (NCUA) is a government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal Deposit Insurance Corporation, which insures commercial banks and savings institutions. The NCUA is an independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions. With the backing of the full faith and credit of the U.S. government, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 124 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. Besides the Share Insurance Fund, the NCUA operates three other funds: the NCUA Operating Fund, the Central Liquidity Facility (CLF), and the Community Development Revolving Loan Fund (CDRLF). The NCUA Operating Fun ...
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Towson
Towson () is an Unincorporated area, unincorporated community and a census-designated place in Baltimore County, Maryland, Baltimore County, Maryland, United States. The population was 55,197 as of the 2010 census. It is the county seat of Baltimore County and the second-most populous unincorporated county seat in the United States (after Ellicott City, Maryland, Ellicott City, the seat of nearby Howard County, Maryland, Howard County, southwest of Baltimore). History 1600s The first inhabitants of the future Towson and central Baltimore County region were the Susquehannock people, who hunted in the area. Their region included all of Baltimore County, Maryland, Baltimore County, though their primary settlement was farther northeast along the Susquehanna River. 1700s Towson was settled in 1752 when Pennsylvania brothers, William and Thomas Towson, began farming an area of Sater's Hill, northeast of the present-day York Road (Baltimore), York and Joppa Roads. William's son, Ezeki ...
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Theodore McKeldin
Theodore Roosevelt McKeldin (November 20, 1900August 10, 1974) was an American politician. He was a member of the Republican Party, served as mayor of Baltimore twice, from 1943 to 1947 and again from 1963 to 1967. McKeldin was the 53rd Governor of Maryland from 1951 to 1959. Early life McKeldin was born in Baltimore. His father had worked as a stonecutter and later was a Baltimore City police officer. He had 10 other siblings. McKeldin attended the noted academic all-male third oldest public high school in America at The Baltimore City College at night in the "Evening High School of Baltimore" program by the Baltimore City Public Schools while working as a bank clerk during the day. The City College was then located at the southwest corner of North Howard and West Centre Streets since 1875, then in the late 1910s when McKeldin attended until it moved in 1928. He graduated later from the University of Maryland Law School at the original campus of the University of Maryland ...
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Non-profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ...
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