Overview / Commentary
207-623-3857
85 Civic Center Drive
Augusta, ME 04330

Connected Credit Union is headquartered in AUGUSTA and is the 46th largest credit union in the state of Maine. It is also the 2,523rd largest credit union in the nation. It was established in 1967 and as of June of 2018, it had grown to 11 employees and 3,942 members at 2 locations. Connected Credit Union's CD rates are 84% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Connected CU of Maine is open to any educator anywhere in the State, as well as residents and people that maintain employment in Kennebec and Somerset Counties.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
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. Connected Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #62976
Year Chartered1967
Employees11
Primary Regulator
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD3.97%
Annual Interest Income$713.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$42.0MM$38.6MM
LoansQ2 2018vs Q2 2017$24.1MM$23.2MM
DepositsQ2 2018vs Q2 2017$37.4MM$34.1MM
Equity CapitalQ2 2018vs Q2 2017$4.4MM$4.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$75.00K$79.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$28.00K$11.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$1,000
Rates
Skip to rates for:
Report an Issue

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

Connected Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$5-Traditional IRA Shares Account
0.10%$25-Regular Shares Account
0.10%$5-All Purpose Club Account

Connected Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.79%$2k-60 Month CD
2.53%$2k-48 Month CD
2.28%$2k-36 Month CD
2.02%$2k-24 Month CD
1.97%$500-36 Month Super Saver CD
1.71%$500-24 Month Super Saver CD
1.66%$2k-12 Month CD
1.36%$2k-6 Month CD
1.31%$500-12 Month Super Saver CD
1.01%$500-6 Month Super Saver CD

Connected Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.79%$2k-60 Month Traditional IRA
2.53%$2k-48 Month Traditional IRA
2.28%$2k-36 Month Traditional IRA
2.02%$2k-24 Month Traditional IRA
1.66%$2k-12 Month Traditional IRA
1.36%$2k-6 Month Traditional IRA
Locations


Connected Credit Union Locations
Branch Office85 Civic Center DriveAUGUSTA, ME 04330
Branch Office40 Pierce DrAugusta, ME 04330

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 feedback@depositaccounts.com 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.