Credit Unions Near Me
National Credit Union Service Organization

LINCOLN MAINE FEDERAL CREDIT UNION

Dec, 31, 2020 — LINCOLN MAINE FEDERAL CREDIT UNION is a federal credit union headquartered in LINCOLN, ME with 2 branch locations and about $85.12 million in total assets. Opened 55 years ago in 1966, LINCOLN MAINE FEDERAL CREDIT UNION has about 5,886 members and employs 18 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: 211287971
Name:LINCOLN MAINE FEDERAL CREDIT UNION
Address:
(Main Office)
171 W BROADWAY, PO BOX220
LINCOLN, ME 04457
Phone:(207) 794-8623
Fax:(207) 794-8187
Website:http://www.lincolnmainefcu.com
Branches:2 branch locations
Members:5,886
Credit Union Type:Federal Credit Union
Charter Number:17362
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1966
Last Audited:Oct 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$85,115,789
CEO/Manager:CRIS KINNEY
Chairperson:CARL GUSTAFSON

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Consumer Loans
  • Interest Only or Payment Option 1st Mortgage 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 8,747,695
TOTAL INVESTMENTS 13,732,005
Loans Held for Sale 0
 
 Real Estate Loans 23,976,882
 Unsecured Loans 2,872,264
 Other Loans 34,171,899
 TOTAL LOANS 61,021,045
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -84,237
 Land And Building 400,094
 Other Fixed Assets 19,867
 NCUSIF Deposit 700,830
 All Other Assets 578,490
  TOTAL ASSETS 85,115,789
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 562,838
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,697,147
 Regular shares 31,961,485
 All Other Shares & Deposits 31,088,692
  TOTAL SHARES & DEPOSITS 74,747,324
  TOTAL LIABILITIES 75,310,162
 Regular Reserve 852,441
 Other Reserves 0
 Undivided Earnings 8,953,186
  TOTAL EQUITY 9,805,627
  TOTAL LIABILITIES, SHARES, & EQUITY 85,115,789
INCOME & EXPENSE  
 Loan Income 2,932,847
 Investment Income 265,657
 Other Income 628,987
 Total Employee Compensation & Benefits 993,195
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,103,849
 Non-operating Income & (Expense) 26,705
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 66,910
 Cost of Funds 674,627
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,015,615
↑ Back to Top

Other Credit Unions

MAINE HARVEST FEDERAL CREDIT UNION
P.O. Box 249
UNITY, ME 04988
CHANGING SEASONS FEDERAL CREDIT UNION
115 Mecaw RD
HAMPDEN, ME 04444-1944
EASTMILL FEDERAL CREDIT UNION
60 MAIN ST
EAST MILLINOCKE, ME 04430-1128
KATAHDIN FEDERAL CREDIT UNION
1000 CENTRAL STREET
MILLINOCKET, ME 04462
PENOBSCOT COUNTY FEDERAL CREDIT UNION
PO Box 434
OLD TOWN, ME 04468
BREWER FEDERAL CREDIT UNION
PO BOX 189
BREWER, ME 04412
UNIVERSITY CREDIT UNION
15 MAIN ST
ORONO, ME 04473
BANGOR FEDERAL CREDIT UNION
P.O. BOX 1161
BANGOR, ME 04402-1161
MAINE HIGHLANDS FEDERAL CREDIT UNION
PO BOX 233
DEXTER, ME 04930
SEABOARD FEDERAL CREDIT UNION
PO BOX G
BUCKSPORT, ME 04416