Sep, 30, 2025 — EASTMILL FEDERAL CREDIT UNION is a federal credit union headquartered in EAST MILLINOCKET, ME with 2 branch locations and about $76.89 million in total assets. Opened 72 years ago in 1954, EASTMILL FEDERAL CREDIT UNION has about 4,095 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EASTMILL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 60 Main St EAST MILLINOCKET, ME 04430-1128 |
| Phone: | (207) 746-3428 |
| Fax: | (207) 746-5881 |
| Website: | https://www.eastmillfcu.org |
| Branches: | 2 branch locations |
| Members: | 4,095 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9518 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $76,886,623 |
| CEO/Manager: | Derek J Hebert |
| Chairperson: | John Doe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,930,667 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,145,846 |
| Unsecured Loans | 2,199,684 |
| Other Loans | 15,975,934 |
| TOTAL LOANS | 28,155,038 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,085 |
| Land And Building | 281,339 |
| Other Fixed Assets | 160,828 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 551,280 |
| All Other Assets | 0 |
| TOTAL ASSETS | 76,886,623 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 214,014 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,896,580 |
| Regular shares | 30,258,852 |
| All Other Shares & Deposits | 22,924,618 |
| TOTAL SHARES & DEPOSITS | 62,080,050 |
| TOTAL LIABILITIES | 62,294,064 |
| Regular Reserve | 0 |
| Other Reserves | 2,216,383 |
| Undivided Earnings | 12,376,176 |
| TOTAL EQUITY | 14,592,559 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 76,886,623 |
| INCOME & EXPENSE | |
| Loan Income | 1,300,548 |
| Investment Income | 1,453,922 |
| Other Income | 105,997 |
| Total Employee Compensation & Benefits | 1,166,785 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 971,238 |
| Non-operating Income & (Expense) | 1,385 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 38,851 |
| Cost of Funds | 654,362 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 281,298 |
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