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MAINE MEDIA FEDERAL CREDIT UNION

Sep, 30, 2025 — MAINE MEDIA FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH PORTLAND, ME with 0 branch location and about $6.62 million in total assets. Opened 91 years ago in 1935, MAINE MEDIA FEDERAL CREDIT UNION has about 890 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MAINE MEDIA FEDERAL CREDIT UNION
Address:
(Main Office)
295 Gannett Dr
SOUTH PORTLAND, ME 04106-6910
Phone:(207) 774-4307
Fax:(207) 799-4795
Website:https://www.mainemedia.com
Branches:0 branch locations
Members:890
Credit Union Type:Federal Credit Union
Charter Number:640
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$6,618,177
CEO/Manager:jennifer a hartel
Chairperson:David S Hench

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,078,580
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,874,421
 Unsecured Loans 194,674
 Other Loans 2,395,544
 TOTAL LOANS 4,464,639
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -55,627
 Land And Building 0
 Other Fixed Assets 1,093
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 54,999
 All Other Assets 5,417
  TOTAL ASSETS 6,618,177
LIABILITIES & CAPITAL:  
 Dividends Payable 2,366
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,889
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 784,498
 Regular shares 3,193,927
 All Other Shares & Deposits 1,563,986
  TOTAL SHARES & DEPOSITS 5,542,412
  TOTAL LIABILITIES 5,547,667
 Regular Reserve 0
 Other Reserves 305,087
 Undivided Earnings 765,423
  TOTAL EQUITY 1,070,510
  TOTAL LIABILITIES, SHARES, & EQUITY 6,618,177
INCOME & EXPENSE  
 Loan Income 185,604
 Investment Income 60,806
 Other Income 6,410
 Total Employee Compensation & Benefits 82,873
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 77,143
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 27,319
 Cost of Funds 56,198
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 18,244
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