Maine Savings Federal Credit Union

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A short history of Maine Savings FCU

Since its inception in 1961 the Maine Savings Federal Credit Union has been serving its members in the HAMPDEN, 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 John Reed, the Maine Savings FCU has grown its membership to over 29,518 with assets of more than $350,862,008. They have a main office and 10 branch offices. Please see the credit unions website or contact them by phone at (207) 862-6500 or email them at memberservices@mainesavings.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in HAMPDEN, ME.

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

Charter Number 14565
Address PO BOX 347 
City HAMPDEN 
State Maine 
Zip-Code 04444
Phone Number (207) 862-6500
Fax Number (207) 862-6502
Email Address: memberservices@mainesavings.com
CEO/President John Reed
Members 29,518 
Full-Time Employees 90 
Part-Time Employees
Number of Branch Offices 10 
Total Assets 350,862,008 
Website http://www.mainesavings.com 

Compare Maine Savings Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Changing Seasons CU Changing Seasons Federal Credit Union 115 Mecaw RD 04444 (207) 945-6264 No 7.34
Brewer CU 229 Dirigo Dr 229 Dirigo Dr 04412 (207) 989-7240 No 10.02
Bangor CU Venture Way 10 Venture Way 04401 (207) 947-0374 No 11.43
Eastern Maine Medical Center CU Stillwater Ave 849 Stillwater Ave 04401 (207) 945-3632 No 11.69
Seaboard CU Hermon 2410 Route 2 04401 (207) 848-9995 No 12.61

Maine Savings Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Maine Savings 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 9.99 5.39 5.89 4.50 5.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 253 438 431 205 289
Rank Among All Maine Credit Unions 11 36 39 21 23

Maine Savings 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 0.20 0.95 0.95
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 129 114 183 166
Rank Among All Maine Credit Unions N/A 8 12 15 16
Maine Savings Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9905,8507,435,120
All Other Unsecured Loans/Lines of Credit 9.5004,56613,013,227
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 5.95044551,946
New Vehicle Loans 5.3904668,187,881
Used Vehicle Loans 5.8901,88420,163,691
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.5003,830145,928,005
Total Other Real Estate Loans/Lines of Credit 5.5001,62860,020,726
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.74098316,644,096
TOTAL LOANS & LEASES 19,251271,944,692

Maine Savings Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 2,99672,835,6653405,090,722
    b. 15 Years or less 63925,951,659567,233,305
Balloon/Hybrid
    a. > 15 years 7715,109,733111,808,000
    b. 15 Years or less 61,660,45700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 387,776,606101,474,205
Adjustable Rate > 1 yr 7422,593,885126,209,475

OTHER REAL ESTATE

Closed-End Fixed Rate 55026,483,9881017,033,117
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,07833,536,738754,948,591
Open-End Fixed Rate 0000
TOTALS 5,458205,948,73160533,797,415

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 11407,0930
Interest Only & Payment Option Other RE/LOC Loans 3499,630,8471,169,265
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Maine Savings 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 No
No Surcharge ATMs No
Home Banking Via Internet Website Yes
Web Statistics