Central Credit Union of Maryland, formed in 1936, is a member-owned, not-for-profit financial institution. The Central Credit Union's earnings are given back to the members in the form of lower interest rates on loans, higher interest rates on savings accounts, lower fees and many other free services. Our mission is based on three simple concepts: service, value and loans. We want to provide our members with the best financial services, maintaining the best values while becoming our members' CENTRAL loan source. The National Credit Union Administration (NCUA), a federal agency, federally insures each member's deposits up to $250,000 per account.