SECU MD and Comptroller Franchot Announce SECU Cares Package

March 28, 2022

BALTIMORE (March 28, 2022) — SECU, Maryland’s largest state chartered credit union, and Maryland Comptroller Peter Franchot announced at a press conference today a new initiative designed to show appreciation to healthcare workers for their perseverance, compassion and bravery. The SECU Cares Package initiative will thank healthcare workers through exclusive financial wellness services, community outreach and financial center support.

“Throughout the pandemic, healthcare workers have selflessly sacrificed to help us. We must continue to show our gratitude and support them,” Comptroller Franchot said. “I am proud to partner in the SECU Cares program and promote such a comprehensive package that truly gives back to our healthcare heroes.”

Financial Wellness Services
To help improve financial wellness, SECU will offer a SECU Cares Relief Loan, a reduced rate loan for front-line healthcare workers, and an M.D. Mortgage Loan for medical professionals. To accommodate their varying and busy schedules, SECU will also offer flexible hours in its financial centers and virtual financial center exclusively to healthcare workers. Whether they are a credit union member or non-member, healthcare workers can simply make an in-person or virtual appointment at a time that works best for them. During their financial center visits, healthcare workers can also receive a full financial wellness review and guidance on how to manage incoming funds, basic budgeting, new purchases and financing, lending opportunities, and debt management.

Community Outreach
SECU will also show their gratitude to Maryland’s healthcare community by delivering $50,000 worth of care packages and food deliveries to healthcare facilities and workers across the state. If interested in being involved, Marylanders can participate in SECU’s ongoing Healthcare Heroes initiative by nominating a healthcare hero on social media via @secuMD. If interested in hosting an in-person or virtual SECU Cares presentation for work, or a special delivery of care packages, please contact SECU’s community engagement team at communityengagement@secumd.com.

Financial Center Support
In an effort to provide appreciation, relief and unexpected joy when visiting its financial center or virtual financial center, SECU will surprise healthcare workers or members who have experienced hardship from the pandemic with cards of kindness that include gift cards and thank you notes.

“Throughout the pandemic, we’ve seen many organizations show their support to healthcare workers by offering whatever they can, from products and services to words of encouragement,” said Becky Smith, EVP, Chief Strategy & Growth Officer at SECU and President of the SECU MD Foundation. “Healthcare workers continue to need a robust amount of support, whether that’s physical safety, mental well-being, or economic stability. Through our SECU Cares Package initiative, we are focusing on what we can give as Maryland’s largest credit union – financial wellness. Easing the stress and burden that comes with managing finances is a way to say thank you to our healthcare heroes for their tireless efforts and dedication.”

SECU and Comptroller Franchot will run the SECU Cares Package initiative until June 30. SECU hopes to revisit and grow the campaign to recognize and thank other essential groups in the future. To learn more, visit: www.secumd.org/advice-planning/secu-cares-package.

See the original press release (opens in new window).

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