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Who is LMFCU

Membership Eligibility

Who Can Join LM Federal?

You can join the Credit Union if you belong to one of these groups:

  • Employees of various Lockheed Martin groups in the Eastern United States
  • Employees of Middle River Aircraft Systems in Baltimore
  • Employees of Leidos in the Mid-Atlantic region
  • Employees, active duty and reserves of Warfield Air National Guard Air Base
  • Employees of the following companies in the Baltimore area: Cogar Printing, TAG Engineering, JAC Communications, Command Technology, Acadia Windows & Doors and Model Precision Machine. 
  • Retirees of the groups listed above
  • Family members of existing LM Federal members

CU Difference

What Is A Credit Union? Why Is It Different?

A credit union is a not-for-profit financial institution owned and operated by its members rather than by outside stockholders. A credit union typically offers better rates on savings and loan products than other, profit-driven financial institutions. Similarly, credit unions usually charge lower account fees or none at all.

LM Federal provides its members with many unique financial products as well as superior member service.

For example:

We make an extra effort to provide great service.

A member who typically doesn’t overdraft their checking account has an overdraft - we call the member to verify the item is authorized and to provide an opportunity to deposit funds to cover the overdraft.

Open a Membership/Account

How Do I Become A Member Of LM Federal?

To become a Credit Union member, simply open a LM Federal Share (Savings) Account. New memberships may be opened by telephone, in person or online.

The initial deposit to open your account may be made by check (mailed or by providing a check-by-phone), cash or through payroll deductions.

Once the Share Account is open with a balance of $25, your membership is active and you are immediately eligible to use all Credit Union services.

If you close your membership, the $25 deposit is returned to you. Give us a call at (800) 410-0501 or contact us by email for further information.

Open A New Account 

Service History of LM Federal Credit Union

1949 Credit Union is organized by the employees of the Glen L. Martin Aircraft Company in Baltimore.

1970 The Martin Company offers payroll deductions.

1971 Federal deposit insurance coverage is extended to credit unions.

1983 All records are computerized; holiday and vacation club accounts are offered.

1987-1988 Major computer upgrade is completed. Signature line of credit loans, cash withdrawals & check cashing, and certificate accounts are offered.

1990 Checking accounts and home equity loans are offered; office hours extended to five days per week.

1992 Cashier’s Checks are offered; family membership eligibility extended; offices relocated to a new building at the Middle River facility.

1993 Individual Retirement Accounts are offered.

1995 Regular and IRA money market accounts are available; toll-free 800 number established; name changed to LM Federal Credit Union.

1996 Major computer system upgrade is completed; ATM access with LM Federal checking and MoneyMover funds transfer service become available.

1997 Credit Based Rates lending program is implemented.

1998 Roth and Educational IRAs are offered.

1999 The Credit Union's website is activated.

2000 Autodraft and Touch Tone Teller are introduced.

2001 Membership Rewards Program, VISA® Check Cards, Internet Branch (online banking) and Internet Bill Pay are introduced.

2002 Free Checking and Entertainment Book sales are introduced.

2004 Credit Union relocates to "T" building at the Middle River Facility. ATM, Night Depository Box and Drive Thru teller service are available at the new office.

2005 Vehicle Extended Warranties are offered; AutoCenter, the online vehicle help center, is activated.

2006 Over 5,000 ATM's located at 7-11 stores are added to the Co-op network
Credit Union's list of no-surcharge ATM's. Money Market Plus accounts and discounted Carfax report services are also introduced.

2007 Activated a new deposit and loan processing system which streamlines and shortens the time it takes to apply for and receive new loans and new deposit accounts.


  • A coin machine is installed in the lobby allowing members to bring in loose coin for deposit or to cash-in.
  • Federal deposit insurance is raised to $250,000.00 for regular and retirement accounts by NCUA, the National Credit Union Administration.
  • The Interlend web based loan application system is activated, streamlining the application process and providing for quick loan approvals.


  • Discounted movie passes for AMC and Regal theaters are available. Discounted tickets to the Baltimore Zoo are also available.
  • The Members Insurance Program is introduced, providing a suite of comprehensive and competitively priced insurance programs including Term Life, Whole Life, Universal Life, Variable Universal Life, Accidental Death & Dismemberment, Automobile and Homeowners Insurance.
  • Internet Bill Payment service is upgrading, providing more convenience and options for faster payment processing.

2010 The AutoSMART Center at lmfcu.com was introduced: a full service online tool for auto researching and purchasing needs.

2011 Outgoing domestic and international wire transfer service was introduced.

2012 VISA Gift Cards are introduced. Major computer server, firewall, telephone, e-mail and internet upgrades are completed.

2013 New real-time Online Banking system that includes eStatements and Mobile Banking; Credit Union reaches $30 million in total assets.

2014 Added the GAP Plus auto protection program and Joint Credit Disability insurance.

2015 Added Wealth Management service.

2017 Added CardNav, VISA Purchase Alerts and EMV cards. Credit Union reaches $35 million in assets. Completed the merger with Triple C Federal Credit Union, adding approximately 400 new members.