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SABATTUS REGIONAL CREDIT UNION

Jun, 30, 2024 — SABATTUS REGIONAL CREDIT UNION is a federally insured state chartered credit union headquartered in SABATTUS, ME with 1 branch location and about $77.85 million in total assets. Opened 67 years ago in 1957, SABATTUS REGIONAL CREDIT UNION has about 4,638 members and employs 15 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)
2 Middle Rd
SABATTUS, ME 04280
Phone:(207) 375-6538
Fax:(207) 375-8409
Website:https://www.srcu4u.com
Branches:1 branch locations
Members:4,638
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$77,846,596
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 4,551,202
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 17,066,936
 Unsecured Loans 900,757
 Other Loans 11,747,881
 TOTAL LOANS 29,929,206
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -185,524
 Land And Building 734,537
 Other Fixed Assets 78,397
 NCUSIF Deposit 634,772
 All Other Assets 0
  TOTAL ASSETS 77,846,596
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 182,173
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,314,761
 Regular shares 45,712,553
 All Other Shares & Deposits 10,129,751
  TOTAL SHARES & DEPOSITS 71,157,065
  TOTAL LIABILITIES 71,339,238
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,507,358
  TOTAL EQUITY 6,507,358
  TOTAL LIABILITIES, SHARES, & EQUITY 77,846,596
INCOME & EXPENSE  
 Loan Income 973,573
 Investment Income 300,430
 Other Income 341,131
 Total Employee Compensation & Benefits 821,203
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 799,801
 Non-operating Income & (Expense) 48,642
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,000
 Cost of Funds 118,431
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 248,224
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