Maine State Credit Union

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A short history of Maine State CU

Since its inception in 1935 the Maine State 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 H Tucker Cole, the Maine State CU has grown its membership to over 27,580 with assets of more than $396,794,718. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (207) 623-1851 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 Maine State CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 63377
Address P.O. Box 5659 
City Augusta 
State Maine 
Zip-Code 04332
Phone Number (207) 623-1851
Fax Number () -
Email Address:
CEO/President H Tucker Cole
Members 27,580 
Full-Time Employees 70 
Part-Time Employees
Number of Branch Offices
Total Assets 396,794,718 

Compare Maine State Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Capital Area CU Main Office 2010 N Belfast ave 04338 (207) 622-3442 No 1.27
Trademark CU Scarborough Branch 145 Pleasant Hill Rd 04104 (207) 883-3630 No 1.88
K V CU Waterville Branch 9 Quarry Rd 04901 (207) 877-9474 No 2.05
Connected CU 85 Civic Center Drive 85 Civic Center Drive 04330 (207) 623-3857 No 2.27
Gardiner CU Brunswick Avenue 420 Brunswick Ave 04345 (207) 582-2676 No 6.67

Maine State Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Maine State 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 9.90 2.99 2.99 4.00 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 145 91 138 168
Rank Among All Maine Credit Unions 10 9 8 11 11

Maine State Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.45 1.98 1.98
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 108 69 41 51
Rank Among All Maine Credit Unions N/A 6 4 3 5
Maine State Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9004,6439,599,045
All Other Unsecured Loans/Lines of Credit 5.9003,99912,586,609
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 4.00033565,430
New Vehicle Loans 2.99095518,694,712
Used Vehicle Loans 2.9905,68565,989,659
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0003,667116,386,372
Total Other Real Estate Loans/Lines of Credit 4.5002064,316,316
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.9901,56214,658,551
TOTAL LOANS & LEASES 20,750242,796,694

Maine State 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 2,79877,204,7702967,942,400
    b. 15 Years or less 68031,298,760592,414,268
    a. > 15 years 165,732,61400
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1732,150,22864356,122
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 851,393,9939227,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1112,806,620106613,699
Open-End Fixed Rate 10115,70359,302
TOTALS 3,873120,702,68853911,562,791


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

Maine State 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 No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes