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OXFORD FEDERAL CREDIT UNION

Sep, 30, 2025 — OXFORD FEDERAL CREDIT UNION is a federal credit union headquartered in MEXICO, ME with 2 branch locations and about $357.08 million in total assets. Opened 88 years ago in 1938, OXFORD FEDERAL CREDIT UNION has about 19,990 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:OXFORD FEDERAL CREDIT UNION
Address:
(Main Office)
225 RIVER RD
MEXICO, ME 04257
Phone:(207) 369-9976
Fax:(207) 364-8962
Website:https://www.ofcu.org
Branches:2 branch locations
Members:19,990
Credit Union Type:Federal Credit Union
Charter Number:2645
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:$357,084,613
CEO/Manager:Joann Bisson
Chairperson:John Walker

Call Report

  • Credit Builder
  • International Remittances

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 22,790,002
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 110,839,128
 Unsecured Loans 16,226,311
 Other Loans 92,834,081
 TOTAL LOANS 219,905,323
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,955,775
 Land And Building 3,220,070
 Other Fixed Assets 364,471
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 2,625,767
 All Other Assets 41,083
  TOTAL ASSETS 357,084,613
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,476,205
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 35,864,355
 Regular shares 83,155,849
 All Other Shares & Deposits 179,910,947
  TOTAL SHARES & DEPOSITS 298,931,151
  TOTAL LIABILITIES 301,407,356
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 55,677,257
  TOTAL EQUITY 55,677,257
  TOTAL LIABILITIES, SHARES, & EQUITY 357,084,613
INCOME & EXPENSE  
 Loan Income 10,077,762
 Investment Income 3,921,463
 Other Income 1,025,136
 Total Employee Compensation & Benefits 3,930,067
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 4,126,327
 Non-operating Income & (Expense) -153
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 758,588
 Cost of Funds 4,638,504
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,906,139
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