Brewer Federal Credit Union

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A short history of Brewer FCU

Since its inception in 1960 the Brewer Federal Credit Union has been serving its members in the BREWER, Maine area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by P David DeFroscia, Jr, the Brewer FCU has grown its membership to over 7,963 with assets of more than $56,204,120. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (207) 989-7240 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BREWER, ME.

General Information For Brewer FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 13682
Address PO BOX 189 
State Maine 
Zip-Code 04412
Phone Number (207) 989-7240
Fax Number (207) 989-5985
Email Address:
CEO/President P David DeFroscia, Jr
Members 7,963 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 56,204,120 

Compare Brewer Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Bangor CU Venture Way 10 Venture Way 04401 (207) 947-0374 No 3.05
Changing Seasons CU Changing Seasons Federal Credit Union 115 Mecaw RD 04444 (207) 945-6264 No 3.07
Eastern Maine Medical Center CU Stillwater Ave 849 Stillwater Ave 04401 (207) 945-3632 No 3.97
Maine Savings CU Ellsworth 25 Resort Way 04605 (207) 862-6500 No 5.97
University CU Memorial Union, U of M Campus, Orono 5748 Memorial Un 04469 (207) 889-8500 No 8.89

Brewer Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Brewer Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 11.99 3.25 4.50 4.15 5.90
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 410 174 264 163 330
Rank Among All Maine Credit Unions 17 18 23 15 25

Brewer Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.25 1.20 1.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 105 134 118
Rank Among All Maine Credit Unions N/A 8 10 9 10
Brewer Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.990527847,354
All Other Unsecured Loans/Lines of Credit 9.9908941,971,090
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.250811,543,976
Used Vehicle Loans 4.5001,52115,484,524
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1501,1689,286,103
Total Other Real Estate Loans/Lines of Credit 5.9001091,852,235
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.7001,23613,038,186
TOTAL LOANS & LEASES 5,53644,023,468

Brewer Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 1,0186,317,618270594,757
    b. 15 Years or less 1502,968,48539291,335
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 751,315,7983109,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 34536,43774404,206
Open-End Fixed Rate 0000
TOTALS 1,27711,138,3383861,399,298


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 488,693210,000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Brewer Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes