Jun, 30, 2024 — COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in LEWISTON, ME with 3 branch locations and about $94.74 million in total assets. Opened 79 years ago in 1945, COMMUNITY CREDIT UNION has about 11,789 members and employs 38 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 144 Pine St LEWISTON, ME 04240 |
| Phone: | (207) 783-2096 |
| Fax: | (207) 783-2093 |
| Website: | https://www.communitycreditunion.com |
| Branches: | 3 branch locations |
| Members: | 11,789 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63447 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1945 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $94,739,451 |
| CEO/Manager: | Jennifer M Hogan |
| Chairperson: | Marcel R Gagne |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,179,588 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 24,578,059 |
| Unsecured Loans | 2,496,912 |
| Other Loans | 45,789,002 |
| TOTAL LOANS | 73,187,082 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -332,483 |
| Land And Building | 1,831,638 |
| Other Fixed Assets | 309,000 |
| NCUSIF Deposit | 774,642 |
| All Other Assets | 14,538 |
| TOTAL ASSETS | 94,739,451 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,983,712 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,214,461 |
| Regular shares | 43,909,854 |
| All Other Shares & Deposits | 20,870,906 |
| TOTAL SHARES & DEPOSITS | 83,995,221 |
| TOTAL LIABILITIES | 85,978,933 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 8,760,518 |
| TOTAL EQUITY | 8,760,518 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 94,739,451 |
| INCOME & EXPENSE | |
| Loan Income | 2,622,063 |
| Investment Income | 78,759 |
| Other Income | 1,293,237 |
| Total Employee Compensation & Benefits | 1,460,047 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,743,766 |
| Non-operating Income & (Expense) | 461,632 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 92,690 |
| Cost of Funds | 140,705 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,190,157 |
| ↑ Back to Top | |