PENOBSCOT COUNTY FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.penobscotfcu.com for more information.
Jun, 30, 2024 — PENOBSCOT COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in Old Town, ME with 3 branch locations and about $92.11 million in total assets. Opened 57 years ago in 1968, PENOBSCOT COUNTY FEDERAL CREDIT UNION has about 10,974 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PENOBSCOT COUNTY FEDERAL CREDIT UNION |
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Address: (Main Office) | PO Box 434 Old Town, ME 04468 |
Phone: | (207) 827-3165 |
Fax: | (207) 827-6674 |
Website: | https://www.penobscotfcu.com |
Branches: | 3 branch locations |
Members: | 10,974 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18507 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1968 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $92,110,427 |
CEO/Manager: | Ryan Ellsworth |
Chairperson: | John St. Peter |
ASSETS: | $ Amount |
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Cash & Equivalents | 26,639,520 |
TOTAL INVESTMENTS | 3,376,095 |
Loans Held for Sale | 0 |
Real Estate Loans | 20,822,269 |
Unsecured Loans | 4,169,068 |
Other Loans | 32,148,829 |
TOTAL LOANS | 57,140,166 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -189,602 |
Land And Building | 1,325,165 |
Other Fixed Assets | 135,267 |
NCUSIF Deposit | 781,471 |
All Other Assets | 2,902,345 |
TOTAL ASSETS | 92,110,427 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 730,038 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,530,987 |
Regular shares | 26,875,651 |
All Other Shares & Deposits | 43,834,554 |
TOTAL SHARES & DEPOSITS | 85,241,192 |
TOTAL LIABILITIES | 85,971,230 |
Regular Reserve | 267,524 |
Other Reserves | 1,221,203 |
Undivided Earnings | 4,650,470 |
TOTAL EQUITY | 6,139,197 |
TOTAL LIABILITIES, SHARES, & EQUITY | 92,110,427 |
INCOME & EXPENSE | |
Loan Income | 3,418,561 |
Investment Income | 88,790 |
Other Income | 872,523 |
Total Employee Compensation & Benefits | 1,682,638 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,857,024 |
Non-operating Income & (Expense) | -17,334 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 109,125 |
Cost of Funds | 999,542 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -285,789 |
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