Norstate Federal Credit Union

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A short history of Norstate FCU

Since its inception in 1941 the Norstate Federal Credit Union has been serving its members in the MADAWASKA, 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 Susan Whitehead, the Norstate FCU has grown its membership to over 13,929 with assets of more than $181,265,490. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (207) 728-7555 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 MADAWASKA, ME.

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

Charter Number 4261
Address 78 FOX ST 
State Maine 
Zip-Code 04756
Phone Number (207) 728-7555
Fax Number (207) 728-6731
Email Address:
CEO/President Susan Whitehead
Members 13,929 
Full-Time Employees 65 
Part-Time Employees
Number of Branch Offices
Total Assets 181,265,490 

Compare Norstate Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Acadia CU Main Office 9 E Main St 04743 (207) 834-6167 No 14.16

Norstate Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Norstate 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 10.90 2.99 2.99 5.20 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 145 91 291 56
Rank Among All Maine Credit Unions 13 9 8 26 2

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 0.50 0.69 0.69
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 60 226 200
Rank Among All Maine Credit Unions N/A 6 2 24 22
Norstate Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9003,2916,741,060
All Other Unsecured Loans/Lines of Credit 12.9902,0837,005,211
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 4.25070378,806
New Vehicle Loans 2.9902053,774,219
Used Vehicle Loans 2.9901,43116,104,614
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.2001,84493,751,554
Total Other Real Estate Loans/Lines of Credit 3.5002974,695,581
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.2401,00414,900,919
TOTAL LOANS & LEASES 10,225147,351,964

Norstate 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 30118,769,970231,565,210
    b. 15 Years or less 43218,817,060361,449,111
    a. > 15 years 24617,554,691342,788,140
    b. 15 Years or less 25225,246,406232,726,795
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 61313,363,42718732,850
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 17270,260233,500
Closed-End Adjustable Rate 2117,06000
Open-End Adjustable Rate 2784,308,26118384,400
Open-End Fixed Rate 0000
TOTALS 2,14198,447,1351549,680,006


Interest Only & Payment Option 1st Mortgage Loans 11675,570121,000
Interest Only & Payment Option Other RE/LOC Loans 232,0880
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Norstate Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes