Dec, 31, 2022 — FIVE COUNTY CREDIT UNION is a federally insured state chartered credit union headquartered in BATH, ME with 15 branch locations and about $372.09 million in total assets. Opened 67 years ago in 1956, FIVE COUNTY CREDIT UNION has about 29,164 members and employs 121 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIVE COUNTY CREDIT UNION |
|---|---|
| Address: (Main Office) | 765 Washington St BATH, ME 04530 |
| Phone: | (207) 443-3528 |
| Fax: | (207) 443-8177 |
| Website: | https://www.fivecounty.com |
| Branches: | 15 branch locations |
| Members: | 29,164 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67993 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $372,090,270 |
| CEO/Manager: | Julie A Marquis |
| Chairperson: | Robert Brewer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 59,863,850 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 151,274,394 |
| Unsecured Loans | 19,805,843 |
| Other Loans | 51,105,040 |
| TOTAL LOANS | 222,185,277 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,048,425 |
| Land And Building | 9,622,537 |
| Other Fixed Assets | 1,056,558 |
| NCUSIF Deposit | 3,110,794 |
| All Other Assets | 0 |
| TOTAL ASSETS | 372,090,270 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,812,918 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 91,533,790 |
| Regular shares | 170,898,328 |
| All Other Shares & Deposits | 75,588,279 |
| TOTAL SHARES & DEPOSITS | 338,020,397 |
| TOTAL LIABILITIES | 342,833,315 |
| Regular Reserve | 0 |
| Other Reserves | -107,633 |
| Undivided Earnings | 29,364,588 |
| TOTAL EQUITY | 29,256,955 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 372,090,270 |
| INCOME & EXPENSE | |
| Loan Income | 7,293,490 |
| Investment Income | 760,908 |
| Other Income | 2,717,633 |
| Total Employee Compensation & Benefits | 7,197,582 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,843,037 |
| Non-operating Income & (Expense) | 398,102 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 233,129 |
| Cost of Funds | 331,713 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,037,181 |
| ↑ Back to Top | |