Get to Know MAFCU
There's simply no better place to help manage your finances in Montgomery County, Maryland than at Mid-Atlantic Federal Credit Union (MAFCU) - and virtually anyone can. Consumers and businesses that are part of this community save more - and earn more - with MAFCU loans, savings and checking accounts, which offer better rates and fewer fees than those at other financial institutions.
MAFCU is a not-for-profit financial cooperative managed for the sole benefit of our members. Our volunteer Board of Directors and professional management team work hard to make sure MAFCU is "better than your bank" and help every member achieve their financial goals.
Founded in 1968, MAFCU has always done what’s best for our members, so we've avoided some of the risky lending practices that have hurt many of our "big bank" competitors. We remain strong, stable and financially secure. We are also federally insured so you can trust that your money is safe with us.
And because we're a community credit union, we give back to Montgomery County by supporting local causes, offering innovative financing solutions to our neighbors, and sponsoring free educational programs for both consumers and businesses.
Best of all, joining MAFCU is simple. Membership is open to individuals who live, work, worship, or attend school in Montgomery County, as well as their immediate family members and local businesses. A $5 deposit into a MAFCU savings account is all you need.
See how much better managing your finances here can be.
- Join MAFCU
Join Mid-Atlantic Federal Credit Union (MAFCU) to save more - and earn more - on your banking.
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What This Means to You:
When you open a new account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Membership is open to everyone who lives, works, worships, or attends school in Montgomery County, Maryland, as well as their immediate family members (spouse, children, parents, grandparents, grandchildren, siblings and those who live in the same household).
Businesses in Montgomery County can also join MAFCU and offer credit union membership as a free employee benefit.
- Annual Report
For more information on Mid-Atlantic Federal Credit Union (MAFCU), please view our Annual Reports.
- Members of the Executive Team
Bill Brooks, President and CEO
Timothy Hampton, Executive VP, Chief Operating & Administrative Officer
Tamara Schiavone, SVP, Chief Financial Officer
Charlie Cha, SVP, Chief Information Officer
Alan Speck, SVP, Chief Lending Officer