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EASTMILL FEDERAL CREDIT UNION

Dec, 31, 2021 — EASTMILL FEDERAL CREDIT UNION is a federal credit union headquartered in EAST MILLINOCKET, ME with 2 branch locations and about $73.82 million in total assets. Opened 68 years ago in 1954, EASTMILL FEDERAL CREDIT UNION has about 3,994 members and employs 19 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: 211287667
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:http://www.eastmillfcu.org
Branches:2 branch locations
Members:3,994
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$73,820,729
CEO/Manager:Daniel A Byron
Chairperson:Robert L Leathers

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,372,613
TOTAL INVESTMENTS 46,706,778
Loans Held for Sale 0
 
 Real Estate Loans 3,716,502
 Unsecured Loans 2,008,846
 Other Loans 8,984,365
 TOTAL LOANS 18,504,633
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -61,410
 Land And Building 365,732
 Other Fixed Assets 54,089
 NCUSIF Deposit 565,197
 All Other Assets 3,313,097
  TOTAL ASSETS 73,820,729
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 95,102
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,540,915
 Regular shares 37,499,188
 All Other Shares & Deposits 14,640,184
  TOTAL SHARES & DEPOSITS 60,680,287
  TOTAL LIABILITIES 60,775,389
 Regular Reserve 2,216,383
 Other Reserves 0
 Undivided Earnings 10,828,957
  TOTAL EQUITY 13,045,340
  TOTAL LIABILITIES, SHARES, & EQUITY 73,820,729
INCOME & EXPENSE  
 Loan Income 907,527
 Investment Income 570,284
 Other Income 123,585
 Total Employee Compensation & Benefits 965,897
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 743,891
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,000
 Cost of Funds 223,608
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 77,734
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