Overview / Commentary
Atlantic Federal Credit Union is headquartered in Brunswick and is the 3rd largest credit union in the state of Maine. It is also the 679th largest credit union in the nation. It was established in 1941 and as of March of 2019, it had grown to 87 employees and 21,554 members at 4 locations. Atlantic Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Atlantic Federal Credit Union is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in counties of Cumberland and Sagadahoc in Maine.
See current membership details
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Health
A+
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4281 |
| Year Chartered | 1941 |
| Employees | 87 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.68% |
| Return on Equity - YTD | 5.17% |
| Annual Interest Income | $4.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $396.9MM$372.9MM |
| Loans | Q1 2019vs Q1 2018 | $328.6MM$303.1MM |
| Deposits | Q1 2019vs Q1 2018 | $312.1MM$303.2MM |
| Equity Capital | Q1 2019vs Q1 2018 | $51.4MM$47.0MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $2.3MM$2.0MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $577.00K$1.1MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$6.00K |
Rates
Rates for Atlantic Federal Credit Union are currently being reviewed.
Locations
| Atlantic Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 327 Main ST | Cumberland, ME 04021 |
| Branch Office | 41 Mallett Dr | Freeport, ME 04032 |
| Branch Office | 55 Cushing ST | Brunswick, ME 04011 |
| Branch Office | 3 Union Park RD | Topsham, ME 04086 |