BLUE CROSS AND BLUE SHIELD OF ME FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.bluecrosscu.com for more information.
Dec, 31, 2022 — BLUE CROSS AND BLUE SHIELD OF ME FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH PORTLAND, ME with 1 branch location and about $7.75 million in total assets. Opened 66 years ago in 1957, BLUE CROSS AND BLUE SHIELD OF ME FEDERAL CREDIT UNION has about 649 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BLUE CROSS AND BLUE SHIELD OF ME FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2 GANNETT DR SOUTH PORTLAND, ME 04106-6909 |
| Phone: | (207) 822-7483 |
| Fax: | (207) 822-7603 |
| Website: | https://www.bluecrosscu.com |
| Branches: | 1 branch locations |
| Members: | 649 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24249 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,745,219 |
| CEO/Manager: | Susan F Thurlow |
| Chairperson: | Jean Wood |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,832,497 |
| TOTAL INVESTMENTS | 2,550,666 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,223,751 |
| Unsecured Loans | 41,968 |
| Other Loans | 1,043,913 |
| TOTAL LOANS | 2,309,632 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,803 |
| Land And Building | 0 |
| Other Fixed Assets | 17,384 |
| NCUSIF Deposit | 58,335 |
| All Other Assets | 5,508 |
| TOTAL ASSETS | 7,745,219 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -45,850 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,006,964 |
| Regular shares | 5,289,832 |
| All Other Shares & Deposits | 388,078 |
| TOTAL SHARES & DEPOSITS | 6,684,874 |
| TOTAL LIABILITIES | 6,639,024 |
| Regular Reserve | 164,268 |
| Other Reserves | 0 |
| Undivided Earnings | 941,927 |
| TOTAL EQUITY | 1,106,195 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,745,219 |
| INCOME & EXPENSE | |
| Loan Income | 80,006 |
| Investment Income | 16,494 |
| Other Income | 49,290 |
| Total Employee Compensation & Benefits | 119,747 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 100,710 |
| Non-operating Income & (Expense) | 341 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 6,456 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -80,782 |
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