Sep, 30, 2025 — CUMBERLAND COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in FALMOUTH, ME with 7 branch locations and about $476.75 million in total assets. Opened 72 years ago in 1954, CUMBERLAND COUNTY FEDERAL CREDIT UNION has about 22,310 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CUMBERLAND COUNTY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 Gray Rd FALMOUTH, ME 04105 |
| Phone: | (207) 878-3441 |
| Fax: | (207) 878-5327 |
| Website: | https://www.myccfcu.com |
| Branches: | 7 branch locations |
| Members: | 22,310 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9500 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $476,747,635 |
| CEO/Manager: | Scott Harriman |
| Chairperson: | Alexis D'Ascanio |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,579,737 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 159,043,757 |
| Unsecured Loans | 12,600,230 |
| Other Loans | 97,943,174 |
| TOTAL LOANS | 269,587,161 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,009,920 |
| Land And Building | 7,600,847 |
| Other Fixed Assets | 605,150 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,723,129 |
| All Other Assets | 0 |
| TOTAL ASSETS | 476,747,635 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,294,852 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 57,250,272 |
| Regular shares | 101,611,747 |
| All Other Shares & Deposits | 268,551,241 |
| TOTAL SHARES & DEPOSITS | 427,413,260 |
| TOTAL LIABILITIES | 430,756,901 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 45,990,734 |
| TOTAL EQUITY | 45,990,734 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 476,747,635 |
| INCOME & EXPENSE | |
| Loan Income | 11,377,465 |
| Investment Income | 4,820,790 |
| Other Income | 938,393 |
| Total Employee Compensation & Benefits | 4,752,528 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,257,957 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 450,000 |
| Cost of Funds | 6,503,529 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,287,339 |
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