Bangor Federal Credit Union
Overview / Commentary
Bangor Federal Credit Union is headquartered in Bangor and is the 23rd largest credit union in the state of Maine. It is also the 1,250th largest credit union in the nation. It was established in 1956 and as of December of 2018, it had grown to 43 employees and 13,608 members at 3 locations. Bangor Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership 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 and immediate family.
See current membership details
Health
A
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 10939 |
| Year Chartered | 1956 |
| Employees | 43 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.52% |
| Return on Equity - YTD | 5.57% |
| Annual Interest Income | $5.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $152.1MM$149.9MM |
| Loans | Q4 2018vs Q4 2017 | $112.1MM$107.0MM |
| Deposits | Q4 2018vs Q4 2017 | $137.3MM$135.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $14.3MM$13.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $513.00K$401.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $429.00K$489.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$4.00K |
Rates
Rates for Bangor Federal Credit Union are currently being reviewed.
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 |