Overview / Commentary
Atlantic Federal Credit Union is headquartered in South Portland and is the largest credit union in the state of Maine. It is also the 424th largest credit union in the nation. It was established in 1941 and as of March of 2025, it had grown to 193 employees and 48,290 members at 11 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 the Maine counties of Androscoggin, Cumberland, Sagadahoc, and York.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4281 |
| Year Chartered | 1941 |
| Employees | 193 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.16% |
| Return on Equity - YTD | 1.81% |
| Annual Interest Income | $12.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.1B$1.17B |
| Loans | Q1 2025vs Q1 2024 | $732.7MM$763MM |
| Deposits | Q1 2025vs Q1 2024 | $963.9MM$949MM |
| Equity Capital | Q1 2025vs Q1 2024 | $96.7MM$90.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $7.2MM$7.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.3MM$2.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
