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National Credit Union Service Organization

SABATTUS REGIONAL CREDIT UNION

Mar, 31, 2022 — SABATTUS REGIONAL CREDIT UNION is a federally insured state chartered credit union headquartered in SABATTUS, ME with 1 branch location and about $76.04 million in total assets. Opened 65 years ago in 1957, SABATTUS REGIONAL CREDIT UNION has about 4,642 members and employs 17 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:http://www.srcu4u.com
Branches:1 branch locations
Members:4,642
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:$76,044,103
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 6,474,667
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 17,494,432
 Unsecured Loans 837,693
 Other Loans 11,637,341
 TOTAL LOANS 29,969,466
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -184,965
 Land And Building 778,455
 Other Fixed Assets 100,923
 NCUSIF Deposit 579,857
 All Other Assets 0
  TOTAL ASSETS 76,044,103
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 137,623
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 14,615,927
 Regular shares 45,058,136
 All Other Shares & Deposits 9,905,618
  TOTAL SHARES & DEPOSITS 69,579,681
  TOTAL LIABILITIES 69,717,304
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,326,799
  TOTAL EQUITY 6,326,799
  TOTAL LIABILITIES, SHARES, & EQUITY 76,044,103
INCOME & EXPENSE  
 Loan Income 319,526
 Investment Income 77,918
 Other Income 99,726
 Total Employee Compensation & Benefits 264,274
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 255,697
 Non-operating Income & (Expense) 15,941
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 34,718
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 67,665
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