Saco Valley Credit Union

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A short history of Saco Valley CU

Since its inception in 1947 the Saco Valley Credit Union has been serving its members in the Saco, 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 Carrie Shaw, the Saco Valley CU has grown its membership to over 8,496 with assets of more than $111,980,491. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (207) 282-6169 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 Saco, ME.

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

Charter Number 68324
Address PO Box 740 
City Saco 
State Maine 
Zip-Code 04072
Phone Number (207) 282-6169
Fax Number (207) 282-1601
Email Address:
CEO/President Carrie Shaw
Members 8,496 
Full-Time Employees 20 
Part-Time Employees
Number of Branch Offices
Total Assets 111,980,491 

Compare Saco Valley Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Peopleschoice CU Saco Office 23 Industrial Park Rd 04005 (207) 282-4156 No 1.02
Ocean Communities CU Saco 1001 Portland Rd 04072 (207) 284-5823 No 3.00
Blue Cross And Blue Shield Of Me CU BCBS OF ME EFCU 2 Gannett Dr 04106 (207) 822-7483 No 9.08
Maine Media CU mmfcu 295 Gannett Dr 04112 (207) 774-4307 No 9.08
Truchoice CU Operations Center 332 Cummings Rd 04104 (207) 772-0808 No 9.31

Saco Valley Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Saco Valley 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 7.90 4.00 4.25 4.15 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 85 282 231 163 341
Rank Among All Maine Credit Unions 3 24 20 15 27

Saco Valley Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.35 0.70 0.70
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 119 89 224 199
Rank Among All Maine Credit Unions N/A 7 7 23 21
Saco Valley Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.9001,2791,621,496
All Other Unsecured Loans/Lines of Credit 11.500191460,466
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.0001302,530,753
Used Vehicle Loans 4.2501,39512,534,816
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.15053255,750,204
Total Other Real Estate Loans/Lines of Credit 6.0002723,868,971
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.0002673,082,807
TOTAL LOANS & LEASES 4,06679,849,513

Saco Valley 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 23837,138,689224,640,820
    b. 15 Years or less 23517,529,436131,489,800
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 591,082,0794419,200
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 12162,327125,200
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2603,706,64422512,701
Open-End Fixed Rate 0000
TOTALS 80459,619,175627,087,721


Interest Only & Payment Option 1st Mortgage Loans 2376,800376,800
Interest Only & Payment Option Other RE/LOC Loans 3275,0000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Saco Valley Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
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