Credit Unions Near Me
National Credit Union Service Organization

MAINE SAVINGS FEDERAL CREDIT UNION

Dec, 31, 2022 — MAINE SAVINGS FEDERAL CREDIT UNION is a federal credit union headquartered in HAMPDEN, ME with 11 branch locations and about $587.81 million in total assets. Opened 62 years ago in 1961, MAINE SAVINGS FEDERAL CREDIT UNION has about 34,770 members and employs 132 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 211288064
Name:MAINE SAVINGS FEDERAL CREDIT UNION
Address:
(Main Office)
101 Western Ave
HAMPDEN, ME 04444
Phone:(207) 862-6500
Fax:(207) 862-6502
Website:https://www.mainesavings.com
Branches:11 branch locations
Members:34,770
Credit Union Type:Federal Credit Union
Charter Number:14565
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1961
Last Audited:Mar 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$587,811,305
CEO/Manager:John Reed
Chairperson:Donald Grant

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 40,638,628
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 272,592,949
 Unsecured Loans 28,978,112
 Other Loans 157,594,696
 TOTAL LOANS 461,625,070
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,188,378
 Land And Building 10,043,293
 Other Fixed Assets 1,140,050
 NCUSIF Deposit 4,618,306
 All Other Assets 248
  TOTAL ASSETS 587,811,305
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -1,867,323
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 117,770,895
 Regular shares 235,022,241
 All Other Shares & Deposits 185,905,510
  TOTAL SHARES & DEPOSITS 538,698,646
  TOTAL LIABILITIES 536,831,323
 Regular Reserve 0
 Other Reserves 3,507,665
 Undivided Earnings 47,472,317
  TOTAL EQUITY 50,979,982
  TOTAL LIABILITIES, SHARES, & EQUITY 587,811,305
INCOME & EXPENSE  
 Loan Income 13,934,832
 Investment Income 1,144,966
 Other Income 1,718,763
 Total Employee Compensation & Benefits 6,787,441
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,342,954
 Non-operating Income & (Expense) -65
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,530,930
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,446,115
↑ Back to Top

Other Credit Unions

MAINE HARVEST FEDERAL CREDIT UNION
69 School St
UNITY, ME 04988
CHANGING SEASONS FEDERAL CREDIT UNION
115 Mecaw Rd
HAMPDEN, ME 04444-1944
BREWER FEDERAL CREDIT UNION
229 Dirigo Dr
BREWER, ME 04412-1665
PENOBSCOT COUNTY FEDERAL CREDIT UNION
PO Box 434
OLD TOWN, ME 04468
KSW FEDERAL CREDIT UNION
222 College Ave
WATERVILLE, ME 04901-6226
BANGOR FEDERAL CREDIT UNION
339 Hogan Rd
BANGOR, ME 04401-4205
SEABOARD FEDERAL CREDIT UNION
177 Main St
BUCKSPORT, ME 04416
UNIVERSITY CREDIT UNION
15 Main St
ORONO, ME 04473
SEBASTICOOK VALLEY FEDERAL CREDIT UNION
505 SOMERSET AVE
PITTSFIELD, ME 04967
MAINE HIGHLANDS FEDERAL CREDIT UNION
73 Main St
DEXTER, ME 04930