Brewer Federal Credit Union

Overview / Commentary
229 Dirigo Dr
Brewer, ME 04412

Brewer Federal Credit Union is headquartered in Brewer and is the 38th largest credit union in the state of Maine. It is also the 1,899th largest credit union in the nation. It was established in 1960 and as of December of 2022, it had grown to 22 employees and 8,679 members at 2 locations. Brewer Federal Credit Union has an A health rating.

Field of Membership Restrictions

Brewer Federal Credit Union is open to those who live, attend school, work or own a business, or worship in Penobscot County, or the town of Dedham, Maine.
See current membership details

Reviews (1)

Great personal service

Posted by: |

This local bank has the very best customer service in Central Maine. Recently I visited to get a cashier's check to pay a small local business. The amount was $500 and the teller informed me that I could save money purchasing a money order. After agreeing that would meet my needs I saved money even though the bank would have made more money on my transaction. My underage daughter has an account as well, and loves the coin counter machine. She can really see how those quarters and pennies add up quickly! The new mobile app is quicker and has a more intuitive interface. I can make a bill payment easily on the go. The one time I had to contact the bank because my account was locked due to some suspect activity I was able to reach a real person easily and get the problem resolved quickly!

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Brewer Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #13682
Year Chartered1960
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD8.37%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$93.7MM$86.9MM
LoansQ4 2022vs Q4 2021$69.6MM$62.6MM
DepositsQ4 2022vs Q4 2021$84.3MM$78.1MM
Equity CapitalQ4 2022vs Q4 2021$9.3MM$8.5MM
Loan Loss AllowanceQ4 2022vs Q4 2021$519.00K$529.00K
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$217.00K$58.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$0

Rates for Brewer Federal Credit Union are currently being reviewed.


Brewer Federal Credit Union Locations
Branch Office229 Dirigo DrBrewer, ME 04412-1665
Branch Office77 N Main StBrewer, ME 04412-2009

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.