Bangor Federal Credit Union

Overview / Commentary

www.bangorfederal.com

207-947-0374

339 Hogan Road
Bangor, ME 04401

Bangor Federal Credit Union is headquartered in Bangor and is the 20^th largest credit union in the state of Maine. It is also the 1,122^nd largest credit union in the nation. It was established in 1956 and as of June of 2024, it had grown to 43 employees and 15,594 members at 4 locations. Bangor Federal Credit Union's money market rates are 6X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Bangor Federal Credit Union is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Penobscot, Hancock, and Waldo Counties in Maine.
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Health

Data as of Q2 2024

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Health Grade Components

Overall
NCUA #	10939
Year Chartered	1956
Employees	43
Primary Regulator

Profit Margin
Return on Assets - YTD	0.33%
Return on Equity - YTD	4.04%
Annual Interest Income	$5.5MM

Assets and Liabilities
Assets	Q2 2024vs Q2 2023	$250.3MM$242.2MM
Loans	Q2 2024vs Q2 2023	$171MM$161.7MM
Deposits	Q2 2024vs Q2 2023	$229.2MM$221.7MM
Equity Capital	Q2 2024vs Q2 2023	$20.7MM$19.8MM
Loan Loss Allowance	Q2 2024vs Q2 2023	$540K$378K
Unbacked Noncurrent Loans	Q2 2024vs Q2 2023	$307K$229K
Real Estate Owned	Q2 2024vs Q2 2023	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Bangor Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bangor Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.79%^*	$75k^*	-	IRA Savings
OTHER TIERS: 2.27% → $25 - $20k \| 2.53% → $20k - $75k
0.05%	$25	-	Prime Share Savings
0.05%	$0	-	Christmas Club
0.05%	$0	-	Health Savings Accounts
0.05%	$0	-	Taxes /Insurance Club
0.05%	$0	-	Vacation Club
0.05%	$0	-	Home Improvement Club
0.05%	$0	-	Monty Moose Club

Bangor Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.79%^*	$75k^*	-	Money Market Accounts
OTHER TIERS: 2.27% → $2k - $20k \| 2.53% → $20k - $75k

Bangor Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
4.00%^*	$0	$20k	Premium Checking
OTHER TIERS: 0.05% → $20k+

Bangor Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.54%	$100k	-	1 Year Jumbo CD
4.44%	$100k	-	6 Month Jumbo CD
4.44%	$100k	-	18 Month Jumbo CD
4.39%	$500	-	1 Year CD
4.28%	$500	-	6 Month CD
4.28%	$500	-	18 Month CD
4.23%	$100k	-	2 Year Jumbo CD
4.07%	$500	-	2 Year CD
3.82%	$100k	-	3 Year Jumbo CD
3.82%	$100k	-	4 Year Jumbo CD
3.82%	$100k	-	5 Year Jumbo CD
3.66%	$500	-	3 Year CD
3.66%	$500	-	4 Year CD
3.66%	$500	-	5 Year CD
3.04%	$50	-	1 Year Super Saver CD

Bangor Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.54%	$100k	-	1 Year Jumbo IRA
4.39%	$500	-	1 Year IRA
4.23%	$100k	-	2 Year Jumbo IRA
4.07%	$500	-	2 Year IRA
3.82%	$100k	-	3 Year Jumbo IRA
3.82%	$100k	-	4 Year Jumbo IRA
3.82%	$100k	-	5 Year Jumbo IRA
3.66%	$500	-	3 Year IRA
3.66%	$500	-	4 Year IRA
3.66%	$500	-	5 Year IRA

Locations

Bangor Federal Credit Union Locations
Branch Office	6 Dirigo Dr	Brewer, ME 04412-1662
Branch Office	339 Hogan Rd	Bangor, ME 04401-4205
Branch Office	10 Venture Way	Bangor, ME 04401
Branch Office	175 High St Ste 7	Ellsworth, ME 04605-1730

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