Sep, 30, 2025 — MAINE FAMILY FEDERAL CREDIT UNION is a federal credit union headquartered in LEWISTON, ME with 2 branch locations and about $278.15 million in total assets. Opened 88 years ago in 1938, MAINE FAMILY FEDERAL CREDIT UNION has about 18,762 members and employs 45 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MAINE FAMILY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 555 Sabattus St LEWISTON, ME 04240 |
| Phone: | (207) 783-2071 |
| Fax: | (207) 795-0106 |
| Website: | https://www.mainefamilyfcu.com |
| Branches: | 2 branch locations |
| Members: | 18,762 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2644 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $278,150,739 |
| CEO/Manager: | Daniel A Clarke |
| Chairperson: | Christopher Hodgkins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 47,890,254 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 58,480,371 |
| Unsecured Loans | 9,887,680 |
| Other Loans | 53,794,138 |
| TOTAL LOANS | 122,162,189 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -508,124 |
| Land And Building | 4,833,934 |
| Other Fixed Assets | 627,597 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,273,642 |
| All Other Assets | 24,770 |
| TOTAL ASSETS | 278,150,739 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 870,339 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 44,618,364 |
| Regular shares | 91,267,387 |
| All Other Shares & Deposits | 117,085,875 |
| TOTAL SHARES & DEPOSITS | 252,971,629 |
| TOTAL LIABILITIES | 253,857,980 |
| Regular Reserve | 0 |
| Other Reserves | 257,790 |
| Undivided Earnings | 24,034,969 |
| TOTAL EQUITY | 24,292,759 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 278,150,739 |
| INCOME & EXPENSE | |
| Loan Income | 4,818,399 |
| Investment Income | 3,375,873 |
| Other Income | 585,254 |
| Total Employee Compensation & Benefits | 2,759,453 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,182,362 |
| Non-operating Income & (Expense) | -29,361 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 230,488 |
| Cost of Funds | 2,867,431 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,473,682 |
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