# Division 2A. Prince George's County, Maryland, Employees Federal Credit Union

Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.

## Division 2A. Prince George's County, Maryland, Employees Federal Credit Union

### Sec. 10-145.01. Purpose

Prince George's County, Md., Code § 10-145.01 (2026)

The Prince George's County, Maryland, Employees Federal Credit Union having been established as a Federal Credit Union and chartered by Charter No. 18271, August 10, 1967, is hereby recognized as a cooperative association of County employees and eligible persons to stimulate systematic savings and to act as a source of credit for the provident and productive purposes of its members. The said Credit Union includes among its functions self-help and wise management resources, thereby raising the standards of living, strengthening the family unit and increasing the self-reliance of its members who are employees of Prince George's County. The Credit Union is recognized as an important morale and welfare resource which extends mutual benefits to all eligible County personnel by inculcating habits of thrift through the accumulation of savings, combating usurious practices by providing money for personal loans to members at low-cost interest rates and performing functions compatible with the purposes of an employees credit union.

### Sec. 10-145.02. Responsibilities

Prince George's County, Md., Code § 10-145.02 (2026)

The County Executive shall recognize and assist the Credit Union in providing credit union services to the employees of Prince George's County. The Department heads of each of the County Departments shall recognize the right of personnel to affiliate with the Credit Union and encourage application and expansion of the principles of credit union benefits. The credit union will be permitted to conduct business during normal business hours, provided there is no undue interference with employees performing their respective duties in the employment of the County.

### Sec. 10-145.03. County property and personnel

Prince George's County, Md., Code § 10-145.03 (2026)

(a) Space, furniture and supplies for the use of the Credit Union shall be afforded by the County Executive. Such space shall be made adequate for such use without charge for rent. The Credit Union shall reimburse the County for the cost of furniture and supplies on a quarterly basis.

(b) County personnel are encouraged to volunteer to serve on the Credit Union boards and committees on a noncompensated basis provided there is no conflict of interest involved.

(c) The County Executive is authorized to permit County employees to function as functional employees of the Credit Union to be compensated by the County. The County shall be reimbursed the by Credit Union for all compensation paid by the County to Credit Union employees on a quarterly basis. All County Credit Union staffing will be accomplished in full compliance with the personnel policies and benefits maintained for all County employees.

(d) The Office of Personnel shall establish a procedure to require all County employees upon leaving County employment to notify the Credit Union with respect to outstanding loan balances due the Credit Union. The procedure established shall anticipate arrangements to meet the requirements of the loan payable to the Credit Union before the final adjustment of pay or benefits to which the employee may be entitled.

(e) The Office of Finance shall permit County personnel to express a payroll deduction in favor of the Credit Union to deposit or to save money and to repay loans. Payroll deductions expressed by an employee may continue in force or be discontinued at the pleasure of the employee, excepting such cases where the obligation of the employee to the Credit Union is based upon the payroll deduction method of repayment. In such cases, the Office of Finance shall require the concurrence of the employee and the Credit Union to discontinue payroll deductions.

(f) The Department of Central Services shall permit the use of the mail distribution system to be used by the Credit Union for distribution of material necessary to the operation of the Credit Union. The Department of Central Services shall provide, design, install and maintain such data processing methods and services which will include, but not be limited to: Trial balance listings, exception reports, delinquent account records, new and closed account reports, and computation of share account dividends and loan account interest payments, account statements, and such other information as can be accumulated to provide the Credit Union with material needed for its operation in the event it is determined by the Credit Union and the Director of the Department of Central Services that the data processing methods and services operated by the County are satisfactory to the needs of the Credit Union. The cost for such mailing and data processing services shall be reimbursed by the Credit Union to the County government on a quarterly basis.

(g) A complete audit of all Credit Union accounts and funds shall be made annually by the Office of Audits and Investigations upon request of the Credit Union.
