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LEWISTON MUNICIPAL FEDERAL CREDIT UNION

Sep, 30, 2021 — LEWISTON MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in Lewiston, ME with 1 branch location and about $29.53 million in total assets. Opened 78 years ago in 1944, LEWISTON MUNICIPAL FEDERAL CREDIT UNION has about 1,827 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:1,827
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:$29,531,071
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 2,622,593
TOTAL INVESTMENTS 7,758,500
Loans Held for Sale 0
 
 Real Estate Loans 11,507,668
 Unsecured Loans 561,430
 Other Loans 5,672,398
 TOTAL LOANS 17,846,929
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -64,800
 Land And Building 619,958
 Other Fixed Assets 7,259
 NCUSIF Deposit 250,020
 All Other Assets 490,612
  TOTAL ASSETS 29,531,071
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 46,216
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,092,035
 Regular shares 12,432,652
 All Other Shares & Deposits 10,874,911
  TOTAL SHARES & DEPOSITS 26,399,598
  TOTAL LIABILITIES 26,445,814
 Regular Reserve 950,000
 Other Reserves 0
 Undivided Earnings 2,135,257
  TOTAL EQUITY 3,085,257
  TOTAL LIABILITIES, SHARES, & EQUITY 29,531,071
INCOME & EXPENSE  
 Loan Income 595,741
 Investment Income 49,324
 Other Income 56,819
 Total Employee Compensation & Benefits 392,645
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 268,073
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -4,000
 Cost of Funds 110,491
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 20,398
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