CASCO Federal Credit Union

Overview / Commentary
393 Oasipee Trail East
Gorham, ME 04038

CASCO Federal Credit Union is headquartered in Gorham and is the 34th largest credit union in the state of Maine. It is also the 1,760th largest credit union in the nation. It was established in 1954 and as of September of 2022, it had grown to 20 employees and 9,223 members at 3 locations. CASCO Federal Credit Union has an A health rating.

Field of Membership Restrictions

Anyone who resides, attends school, worships or works in York or Cumberland counties are eligible for membership in CASCO Federal Credit Union.
See current membership details

Reviews (1)

Increased Transactions From 12 To 20 Per Month As Of September 1

Posted by: |

And they did it without increasing the rate or bumping the $ cap. I can get the same rate on a number of in-state credit unions with only a 12 transaction requirement plus a higher rate on an online savings account with no cap so I'm dropping them like a bad habit.


Health Grade Components

NCUA #9327
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD0.49%
Return on Equity - YTD5.91%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$108.5MM$100.1MM
LoansQ3 2022vs Q3 2021$66.7MM$58.6MM
DepositsQ3 2022vs Q3 2021$98.7MM$90.3MM
Equity CapitalQ3 2022vs Q3 2021$8.8MM$8.2MM
Loan Loss AllowanceQ3 2022vs Q3 2021$575.00K$647.00K
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$152.00K$92.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$0

Rates for CASCO Federal Credit Union are currently being reviewed.


CASCO Federal Credit Union Locations
Branch Office375 Main StGorham, ME 04038-1336
Branch Office393 Ossipee TrlGorham, ME 04038-2133
Corporate Office16 Mechanic StGorham, ME 04038

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