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SABATTUS REGIONAL CREDIT UNION

Jun, 30, 2021 — SABATTUS REGIONAL CREDIT UNION is a federally insured state chartered credit union headquartered in SABATTUS, ME with 1 branch location and about $69.88 million in total assets. Opened 64 years ago in 1957, SABATTUS REGIONAL CREDIT UNION has about 4,618 members and employs 18 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: 211288653
Name:SABATTUS REGIONAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 250
SABATTUS, ME 04280
Phone:(207) 375-6538
Fax:(207) 375-8409
Website:http://www.srcu4u.com
Branches:1 branch locations
Members:4,618
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64062
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1957
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$69,884,910
CEO/Manager:Tiffiny C Stewart
Chairperson:Theodore Smith

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,193,207
TOTAL INVESTMENTS 30,805,349
Loans Held for Sale 0
 
 Real Estate Loans 18,508,930
 Unsecured Loans 777,024
 Other Loans 12,095,896
 TOTAL LOANS 31,381,850
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -186,153
 Land And Building 820,186
 Other Fixed Assets 113,019
 NCUSIF Deposit 515,446
 All Other Assets 242,006
  TOTAL ASSETS 69,884,910
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 196,662
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,800,868
 Regular shares 40,334,427
 All Other Shares & Deposits 9,466,421
  TOTAL SHARES & DEPOSITS 63,601,716
  TOTAL LIABILITIES 63,798,378
 Regular Reserve 1,800,000
 Other Reserves 0
 Undivided Earnings 4,286,532
  TOTAL EQUITY 6,086,532
  TOTAL LIABILITIES, SHARES, & EQUITY 69,884,910
INCOME & EXPENSE  
 Loan Income 688,500
 Investment Income 129,761
 Other Income 178,787
 Total Employee Compensation & Benefits 524,758
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 479,734
 Non-operating Income & (Expense) 30,240
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,400
 Cost of Funds 70,602
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 143,001
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