Connected Credit Union

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A short history of Connected CU

Since its inception in 1967 the Connected Credit Union has been serving its members in the AUGUSTA, 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 RICHARD LACHANCE, the Connected CU has grown its membership to over 3,933 with assets of more than $38,615,778. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (207) 623-3857 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 AUGUSTA, ME.

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

Charter Number 62976
Address PO BOX 1096 
State Maine 
Zip-Code 04330
Phone Number (207) 623-3857
Fax Number (207) 622-7258
Email Address:
Members 3,933 
Full-Time Employees 10 
Part-Time Employees
Number of Branch Offices
Total Assets 38,615,778 

Compare Connected Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
K V CU Waterville Branch 9 Quarry Rd 04901 (207) 877-9474 No 3.46
Capital Area CU Main Office 2010 N Belfast ave 04338 (207) 622-3442 No 4.09
Maine State CU Capitol Street 200 Capitol St 04332 (207) 623-1851 No 5.68
Trademark CU Scarborough Branch 145 Pleasant Hill Rd 04104 (207) 883-3630 No 6.19
Gardiner CU Brunswick Avenue 420 Brunswick Ave 04345 (207) 582-2676 No 11.66

Connected Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Connected 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 N/A 4.18 5.17 6.47 4.39
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 303 346 410 154
Rank Among All Maine Credit Unions N/A 25 32 33 10

Connected 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 0.23 0.59 0.20
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 129 110 244 271
Rank Among All Maine Credit Unions N/A 8 11 27 30
Connected Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.340516823,965
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.1801081,672,845
Used Vehicle Loans 5.1707387,599,850
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.4702,76710,513,286
Total Other Real Estate Loans/Lines of Credit 4.39037436,661
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.6301642,147,354
TOTAL LOANS & LEASES 4,33023,193,961

Connected 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 2,4214,450,312279273,361
    b. 15 Years or less 2384,269,76732315,522
    a. > 15 years 42,82242,822
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 961,636,3928426,000
Adjustable Rate > 1 yr 8153,99300


Closed-End Fixed Rate 463,49400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 33373,16700
Open-End Fixed Rate 0000
TOTALS 2,80410,949,9473231,017,705


Interest Only & Payment Option 1st Mortgage Loans 6217,939250,000
Interest Only & Payment Option Other RE/LOC Loans 491,3410
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Connected Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
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 No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes