FERKO MD Credit Union Profile

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FERKO MD

Charter #10381 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (301) 662-7266

Fax: (301) 662-4525

Founding Date: N/A

Website: http://www.ferkomfcu.com

Personnel & Operations

President: Van Pelt, Thomas

Manager: Perrell, Jeffrey

FT Employees: 3

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 04

Branches: 1

Hours: Mon-Wed-Fri 11:00 AM-7:00PM Tue-Thur 10:00

Credit Union Profile Summary

FERKO MD is a FCU Credit Union. With a total of 3,625 members [1], this institution manages approximately $30,293,294 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 17.64% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.88% [1].

Financial Snapshot

Total Assets [1]
$30,293,294

Total economic resources.

Total Loans [1]
$12,157,224

Total value of outstanding loans.

Total Deposits [1]
$24,944,603

Total funds deposited by members.

Members [1]
3,625

Number of active members.

Performance Ratios

Net Worth Ratio [1]
17.64%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
2.08%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
48.74%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-1.13%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-2.88%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
15.81%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

502 W Patrick St

Frederick, MD, 21701

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by FERKO MD (Charter #10381).

Main Office

502 W Patrick St Main Office

Type: Corporate Office

502 W Patrick St

Frederick, MD 21701

Phone: (301) 662-7266

Services: Member Services

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