Potomac Federal Credit Union

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A short history of Potomac FCU

Since its inception in 1954 the Potomac Federal Credit Union has been serving its members in the Cumberland, Maryland area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Michael Wright, the Potomac FCU has grown its membership to over 2,809 with assets of more than $23,967,885. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (301) 722-5522 or email them at info@potomacfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Cumberland, MD.

General Information For Potomac FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 9445
Address PO Box 1382 
City Cumberland 
State Maryland 
Zip-Code 21501
Phone Number (301) 722-5522
Fax Number (301) 722-3168
Email Address: info@potomacfcu.org
CEO/President Michael Wright
Members 2,809 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 23,967,885 
Website http://potomacfcu.org 

Compare Potomac Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
First Peoples Community CU Grantsville 12497 NATIONAL PIKE 21501 (301) 784-3000 No 0.14
Al Gar CU Al-Gar FCU Main Office 316 Paca St 21502 (301) 722-5446 No 0.51
Kel-co CU Kelco Federal Credit Union 321 Greene St 21502 (301) 777-8100 No 0.52
Healthcare 1st CU HEALTHCARE 1 FCU 1050 W Industrial Blvd Ste 16 21502 (301) 723-4098 No 1.71
Chessie CU Drive Thru 122 W Union St 21502 (301) 724-2777 No 2.33

Potomac Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Potomac Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.50 5.37 5.26 5.99 10.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 201 437 357 372 511
Rank Among All Maryland Credit Unions 11 45 44 32 38

Potomac Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.24 N/A 1.05 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 100 N/A 165 N/A
Rank Among All Maryland Credit Unions N/A 14 N/A 19 N/A
Potomac Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.5003644,237
All Other Unsecured Loans/Lines of Credit 7.5807132,773,732
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.3701322,513,560
Used Vehicle Loans 5.2607709,106,803
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.990532,749,889
Total Other Real Estate Loans/Lines of Credit 10.000939,594
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.56096743,194
TOTAL LOANS & LEASES 1,80917,971,009

Potomac Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 332,201,86800
    b. 15 Years or less 20548,02100
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 939,59400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 622,789,48300


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Potomac Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes