Sep, 30, 2025 — SEBASTICOOK VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSFIELD, ME with 2 branch locations and about $180.48 million in total assets. Opened 73 years ago in 1953, SEBASTICOOK VALLEY FEDERAL CREDIT UNION has about 12,123 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SEBASTICOOK VALLEY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 505 SOMERSET AVE PITTSFIELD, ME 04967 |
| Phone: | (207) 487-5576 |
| Fax: | (207) 487-5149 |
| Website: | https://www.svfcume.com |
| Branches: | 2 branch locations |
| Members: | 12,123 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8936 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $180,479,466 |
| CEO/Manager: | JAMES R LEMIEUX |
| Chairperson: | Danny E Costain |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,575,058 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 92,811,852 |
| Unsecured Loans | 9,891,131 |
| Other Loans | 54,707,908 |
| TOTAL LOANS | 157,659,408 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -656,227 |
| Land And Building | 2,781,728 |
| Other Fixed Assets | 450,803 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,202,859 |
| All Other Assets | 46,266 |
| TOTAL ASSETS | 180,479,466 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 16,250,000 |
| Accounts Payable & Other Liabilities | 338,672 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 49,158,013 |
| Regular shares | 31,383,553 |
| All Other Shares & Deposits | 58,213,970 |
| TOTAL SHARES & DEPOSITS | 138,755,536 |
| TOTAL LIABILITIES | 155,344,208 |
| Regular Reserve | 0 |
| Other Reserves | 180,185 |
| Undivided Earnings | 24,955,073 |
| TOTAL EQUITY | 25,135,258 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 180,479,466 |
| INCOME & EXPENSE | |
| Loan Income | 6,922,998 |
| Investment Income | 314,969 |
| Other Income | 663,914 |
| Total Employee Compensation & Benefits | 2,038,516 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,179,483 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 326,603 |
| Cost of Funds | 1,872,428 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,533,047 |
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