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LEWISTON MUNICIPAL FEDERAL CREDIT UNION

Mar, 31, 2022 — LEWISTON MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in LEWISTON, ME with 1 branch location and about $30.00 million in total assets. Opened 78 years ago in 1944, LEWISTON MUNICIPAL FEDERAL CREDIT UNION has about 1,810 members and employs 7 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: 211287900
Name:LEWISTON MUNICIPAL FEDERAL CREDIT UNION
Address:
(Main Office)
291 Pine St
LEWISTON, ME 04240
Phone:(207) 783-3991
Fax:(207) 783-4178
Website:https://milestonesfcu.com/
Branches:1 branch locations
Members:1,810
Credit Union Type:Federal Credit Union
Charter Number:5144
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1944
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$29,995,937
CEO/Manager:Amanda Piper
Chairperson:Allen Ward

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,747,477
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,590,526
 Unsecured Loans 536,747
 Other Loans 5,270,280
 TOTAL LOANS 17,462,388
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -61,018
 Land And Building 605,259
 Other Fixed Assets 5,069
 NCUSIF Deposit 250,020
 All Other Assets 0
  TOTAL ASSETS 29,995,937
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 52,485
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,443,931
 Regular shares 13,282,042
 All Other Shares & Deposits 10,128,680
  TOTAL SHARES & DEPOSITS 26,854,653
  TOTAL LIABILITIES 26,907,138
 Regular Reserve 0
 Other Reserves 950,000
 Undivided Earnings 2,138,799
  TOTAL EQUITY 3,088,799
  TOTAL LIABILITIES, SHARES, & EQUITY 29,995,937
INCOME & EXPENSE  
 Loan Income 185,391
 Investment Income 13,564
 Other Income 17,676
 Total Employee Compensation & Benefits 115,320
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 105,603
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -5,067
 Cost of Funds 27,340
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,019
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