SECU MD announces partnership with the Restaurant Association of Maryland
Programming brings financial literacy services, credit union membership to nearly 3,000 restaurant and hospitality businesses participating
BALTIMORE, MD (April 26, 2024) — SECU, Maryland’s largest state-chartered credit union is excited to announce its newest Bank at Work partnership with the Restaurant Association of Maryland (RAM). RAM is a statewide trade organization with nearly 3,000 member restaurants, caterers, food trucks, and other food service businesses. The partnership, effective through Spring 2025, recognizes SECU as RAM’s official and exclusive banking partner.
“SECU is delighted to enter into this agreement with the Restaurant Association of Maryland, allowing the thousands of RAM members to offer financial wellness solutions to their employees. Members will be able to take advantage of SECU’s competitive rates and banking solutions, like our checking and rewards programs, variety of loan services, virtual financial centers and much more,” said Becky Smith, EVP and Chief Revenue Officer at SECU. “The hospitality industry, and restaurants specifically, are a vital part of not only the economy but our Maryland culture. We look forward to this partnership.”
SECU aims to empower local businesses within the restaurant industry by providing valuable financial resources and support to RAM members, fostering growth, financial education, and community engagement. RAM members will gain access to SECU’s financial education resources, personalized communication, and a wide range of financial products and services tailored specifically to meet the specific needs of the restaurant industry. By leveraging RAM’s extensive network, SECU also seeks to expand its reach, acquire new members, and forge meaningful connections within the local restaurant industry.
“The Restaurant Association is always looking for services and resources to better our businesses and provide comprehensive support for members,” said Marshall Weston, CEO of RAM. “We look forward to working closely with SECU, their staff and team of financial experts to usher in this new era of holistic financial wellness and growing resources for RAM members.”
The partnership underscores SECU’s dedication to supporting local businesses and fostering economic development in Maryland through its Bank at Work program that is custom-tailored to suit a business’ needs. Bank at Work brings financial wellness directly into the workplace, giving partners access to banking resources and financial tools that boost confidence and provide peace of mind, while automatically qualifying employees for membership to the credit union.
To learn more about SECU, including membership and the benefits of the Bank At Work program, or its partnership with RAM, please visit www.secumd.org.
About SECU (State Employees’ Credit Union of Maryland)
SECU ("see-Q"), Maryland’s largest state-chartered credit union, serves over 250,000 members via 25 branches across the state. As a member-owned, not-for-profit organization, SECU puts its members first. Membership is open to all of Maryland, with over 1,900 ways to join, you may be eligible through a family member, work, the college you attended, state employment, an organization you are affiliated with, or simply through a one-time donation to SECU MD Foundation. Headquartered in Linthicum, Md., SECU offers convenient access to over 50,000 free ATMs through the CO-OP network, as well as access to expert financial planners. With more than $5 billion in assets, SECU ranks among the top 60 credit unions nationwide based on total assets in the U.S. Insured by NCUA. For more information, visit www.secumd.org or follow SECU on Twitter, Facebook, and Instagram.
About Restaurant Association of Maryland (RAM)
The Restaurant Association of Maryland (RAM) exists to promote, protect and improve Maryland’s foodservice and hospitality industry. RAM leads by showcasing member restaurants, offering programs that reduce operating costs and advocating for the interests of foodservice businesses. RAM members consist of more than 3,000 foodservice and hospitality businesses including restaurants, caterers, bars & taverns, food trucks, grocery stores, hotels and other businesses that serve food. Information can be found at www.marylandrestaurants.com.
