Sep, 30, 2025 — CONNECTED CREDIT UNION is a federally insured state chartered credit union headquartered in AUGUSTA, ME with 2 branch locations and about $130.01 million in total assets. Opened 59 years ago in 1967, CONNECTED CREDIT UNION has about 7,747 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CONNECTED CREDIT UNION |
|---|---|
| Address: (Main Office) | 85 Civic Center Drive AUGUSTA, ME 04330 |
| Phone: | (207) 623-3857 |
| Fax: | (207) 622-7258 |
| Website: | https://www.connectedcreditunion.org |
| Branches: | 2 branch locations |
| Members: | 7,747 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62976 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1967 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $130,013,299 |
| CEO/Manager: | Kristen Poremby |
| Chairperson: | Patricia Suga |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 24,035,627 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,325,209 |
| Unsecured Loans | 2,167,438 |
| Other Loans | 27,147,891 |
| TOTAL LOANS | 47,640,537 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -360,229 |
| Land And Building | 2,155,162 |
| Other Fixed Assets | 133,429 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,039,554 |
| All Other Assets | 0 |
| TOTAL ASSETS | 130,013,299 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 318,177 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,952,223 |
| Regular shares | 43,669,299 |
| All Other Shares & Deposits | 51,158,455 |
| TOTAL SHARES & DEPOSITS | 114,779,979 |
| TOTAL LIABILITIES | 115,098,156 |
| Regular Reserve | 0 |
| Other Reserves | 5,218,003 |
| Undivided Earnings | 9,697,140 |
| TOTAL EQUITY | 14,915,143 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 130,013,299 |
| INCOME & EXPENSE | |
| Loan Income | 2,372,967 |
| Investment Income | 2,009,632 |
| Other Income | 799,421 |
| Total Employee Compensation & Benefits | 1,582,105 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,596,164 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 160,000 |
| Cost of Funds | 1,148,194 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 927,589 |
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