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LEWISTON MUNICIPAL FEDERAL CREDIT UNION

Dec, 31, 2022 — LEWISTON MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in LEWISTON, ME with 1 branch location and about $29.73 million in total assets. Opened 79 years ago in 1944, LEWISTON MUNICIPAL FEDERAL CREDIT UNION has about 1,802 members and employs 8 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:1,802
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$29,732,027
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 3,302,465
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,461,473
 Unsecured Loans 563,734
 Other Loans 5,683,319
 TOTAL LOANS 17,846,968
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -59,906
 Land And Building 590,560
 Other Fixed Assets 4,414
 NCUSIF Deposit 262,533
 All Other Assets 0
  TOTAL ASSETS 29,732,027
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 60,386
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,470,337
 Regular shares 13,659,100
 All Other Shares & Deposits 9,396,353
  TOTAL SHARES & DEPOSITS 26,525,790
  TOTAL LIABILITIES 26,586,176
 Regular Reserve 0
 Other Reserves 950,000
 Undivided Earnings 2,195,851
  TOTAL EQUITY 3,145,851
  TOTAL LIABILITIES, SHARES, & EQUITY 29,732,027
INCOME & EXPENSE  
 Loan Income 561,367
 Investment Income 78,938
 Other Income 63,632
 Total Employee Compensation & Benefits 359,830
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 302,078
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -7,780
 Cost of Funds 80,117
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 61,071
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