Credit Unions Near Me
National Credit Union Service Organization

K V FEDERAL CREDIT UNION

Mar, 31, 2021 — K V FEDERAL CREDIT UNION is a federal credit union headquartered in AUGUSTA, ME with 3 branch locations and about $117.78 million in total assets. Opened 59 years ago in 1962, K V FEDERAL CREDIT UNION has about 10,795 members and employs 24 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: 211287366
Name:K V FEDERAL CREDIT UNION
Address:
(Main Office)
316 W RIVER RD
AUGUSTA, ME 04330-3992
Phone:(207) 623-5171
Fax:(207) 623-5341
Website:http://www.kvfcu.org
Branches:3 branch locations
Members:10,795
Credit Union Type:Federal Credit Union
Charter Number:15328
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1962
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$117,781,618
CEO/Manager:Christine L Devine
Chairperson:Edwin S Frye

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 29,417,497
TOTAL INVESTMENTS 24,848,789
Loans Held for Sale 0
 
 Real Estate Loans 27,025,895
 Unsecured Loans 1,860,351
 Other Loans 25,515,685
 TOTAL LOANS 54,401,931
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -56,573
 Land And Building 3,711,811
 Other Fixed Assets 474,448
 NCUSIF Deposit 892,783
 All Other Assets 4,090,932
  TOTAL ASSETS 117,781,618
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 408,944
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 21,099,387
 Regular shares 43,869,601
 All Other Shares & Deposits 42,187,644
  TOTAL SHARES & DEPOSITS 107,156,632
  TOTAL LIABILITIES 107,565,576
 Regular Reserve 1,948,632
 Other Reserves 2,003,573
 Undivided Earnings 6,263,837
  TOTAL EQUITY 10,216,042
  TOTAL LIABILITIES, SHARES, & EQUITY 117,781,618
INCOME & EXPENSE  
 Loan Income 596,185
 Investment Income 128,735
 Other Income 134,711
 Total Employee Compensation & Benefits 345,134
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 492,075
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,202
 Cost of Funds 89,924
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 110,963
↑ Back to Top

Other Credit Unions

MAINE HARVEST FEDERAL CREDIT UNION
P.O. Box 249
UNITY, ME 04988
MONMOUTH FEDERAL CREDIT UNION
1176 MAIN ST
MONMOUTH, ME 04259-7021
LEWISTON MUNICIPAL FEDERAL CREDIT UNION
291 Pine St
LEWISTON, ME 04240
CAPITAL AREA FEDERAL CREDIT UNION
PO box 2626
AUGUSTA, ME 04338-2626
GARDINER FEDERAL CREDIT UNION
420 Brunswick Ave
GARDINER, ME 04345-2836
WINTHROP AREA FEDERAL CREDIT UNION
PO BOX 55
WINTHROP, ME 04364-0055
KSW FEDERAL CREDIT UNION
222 COLLEGE AVE
WATERVILLE, ME 04901-6226
SABATTUS REGIONAL CREDIT UNION
P.O. BOX 250
SABATTUS, ME 04280
CONNECTED CREDIT UNION
PO BOX 1096
AUGUSTA, ME 04330
TRADEMARK FEDERAL CREDIT UNION
PO Box 1056
AUGUSTA, ME 04332-0156