Institution Profile
Address: 186 Lower Main Street Freeport, ME 04032
(207) 865-4443
Website:
NCUA Profile:
Charter Date:
3/15/1956
Charter Type:
Federal
Branches:
5
Branches by Region
ME 5
Financial Overview
Total Assets
$266.82M
Total Deposits
$232.00M
Total Loans
$215.58M
Members
16,007
Employees
72 71 Full-time / 1 Part-time
Allowance for Loan Losses
$1.12M
Performance Ratios
Net Worth Ratio
10.97%
Loan-to-Deposit Ratio
92.93%
Coverage Ratio
0.52% Allowance / Total Loans
Assets, Loans & Deposits Over Time
Assets, Loans & Deposits Over Time
Total Assets: +36.73% Total Deposits: +35.25% Total Loans: +45.45% since 2020 Q1
Member Growth
Member Growth
Members: +4.72% since 2020 Q1
Employee Growth
Employee Growth
Employees: +10.77% since 2020 Q1
Loan Originations
New loans granted per quarter (calculated from YTD figures)
Loans This Year (YTD)
2,283
Amount This Year (YTD)
$49.35M
Number of Loans per Quarter
Loans Granted: +24.45% since 2020 Q1
Loan Amount per Quarter
Amount Granted: +29.30% since 2020 Q1
Loan Portfolio Breakdown
Current outstanding balances by loan type
1st Mortgages
$114.30M 53.0%
Used Vehicle
$46.57M 21.6%
HELOCs
$25.76M 11.9%
New Vehicle
$8.86M 4.1%
Other Unsecured
$6.29M 2.9%
Credit Card
$4.82M 2.2%
Other Secured
$4.50M 2.1%
CRE: Non-Owner-Occupied
$1.77M 0.8%
CRE: Multifamily
$1.56M 0.7%
CRE: Owner-Occupied
$965,031 0.4%
Commercial & Industrial
$186,712 0.1%
Portfolio Distribution
Historical Data Table
| Quarter | Members | Total Assets | Total Deposits | Total Loans | Employees |
|---|---|---|---|---|---|
| 2025 Q4 | 16,007 | $266.82M | $232.00M | $215.58M | 72 |
| 2025 Q3 | 15,962 | $264.58M | $231.16M | $216.54M | 70 |
| 2025 Q2 | 15,907 | $264.56M | $233.01M | $214.90M | 72 |
| 2025 Q1 | 15,820 | $262.73M | $232.92M | $210.89M | 70 |
| 2024 Q4 | 15,795 | $257.93M | $227.06M | $208.47M | 72 |
| 2024 Q3 | 15,792 | $261.24M | $228.62M | $208.71M | 75 |
| 2024 Q2 | 15,802 | $255.49M | $223.39M | $207.41M | 75 |
| 2024 Q1 | 15,764 | $256.53M | $224.67M | $205.22M | 73 |
| 2023 Q4 | 15,764 | $256.75M | $224.44M | $204.19M | 75 |
| 2023 Q3 | 15,787 | $258.95M | $230.39M | $201.17M | 69 |
| 2023 Q2 | 15,702 | $252.52M | $223.86M | $198.09M | 69 |
| 2023 Q1 | 15,614 | $253.68M | $230.36M | $196.34M | 72 |
| 2022 Q4 | 15,574 | $254.80M | $229.34M | $195.43M | 73 |
| 2022 Q3 | 15,550 | $249.85M | $227.38M | $191.47M | 65 |
| 2022 Q2 | 15,409 | $246.96M | $223.65M | $185.95M | 65 |
| 2022 Q1 | 15,352 | $251.14M | $226.66M | $179.13M | 67 |
| 2021 Q4 | 15,502 | $249.53M | $223.38M | $175.52M | 67 |
| 2021 Q3 | 15,454 | $240.64M | $215.19M | $170.73M | 65 |
| 2021 Q2 | 15,451 | $233.15M | $208.21M | $167.42M | 65 |
| 2021 Q1 | 15,345 | $233.48M | $209.04M | $161.96M | 64 |
| 2020 Q4 | 15,420 | $217.71M | $193.17M | $159.81M | 65 |
| 2020 Q3 | 15,434 | $211.43M | $187.21M | $154.28M | 67 |
| 2020 Q2 | 15,337 | $206.46M | $182.40M | $150.59M | 69 |
| 2020 Q1 | 15,286 | $195.14M | $171.54M | $148.22M | 65 |
Interest Rates
Current average rates by loan type
New Vehicle
7.49%
Used Vehicle
7.49%
1st Mortgage (Fixed)
7.25%
HELOC
7.25%
Credit Card
12.99%
Other Unsecured
17.99%