Franklin-Somerset Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.25%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD
0.35%	1-year CD	12 Month CD 1.05% - Ally Bank High Yield 12-Month CD
0.20%	Savings	Share (Savings) 1.00% - Ally Bank Online Savings Account

View all Franklin-Somerset Federal Credit Union rates »

Overview / Commentary

www.f-sfcu.com

207-474-3331

26 Leavitt St
Skowhegan, ME 04976

Franklin-Somerset Federal Credit Union is headquartered in SKOWHEGAN and is the 32^nd largest credit union in the state of Maine. It is also the 1,742^nd largest credit union in the nation. It was established in 1962 and as of June of 2016, it had grown to 27 employees and 10,471 members at 4 locations. Franklin-Somerset Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live or work in Franklin or Somerset Counties.
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Health

B+

Data as of Q2 2016

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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. Franklin-Somerset Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	15159
Year Chartered	1962
Employees	27
Primary Regulator

Profit Margin
Return on Assets - YTD	1.18%
Return on Equity - YTD	10.39%
Annual Interest Income	$1.7MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$84.5MM$81.7MM
Loans	Q2 2016vs Q2 2015	$55.9MM$52.6MM
Deposits	Q2 2016vs Q2 2015	$74.6MM$72.5MM
Equity Capital	Q2 2016vs Q2 2015	$9.6MM$8.6MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$232.00K$190.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$577.00K$846.00K
Real Estate Owned	Q2 2016vs Q2 2015	$60.00K$96.00K

Rates

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

Franklin-Somerset Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%	-	-	IRA Club
0.30%	-	-	Education IRA Club
0.30%	-	-	Roth IRA Club
0.20%^*	$2k^*	-	Share (Savings)
OTHER TIERS: 0.15% → $100 - $2k
0.20%^*	$2k^*	-	Youth Share Savings
OTHER TIERS: 0.15% → Up to $2k
0.15%	-	-	Christmas Club Savings
0.15%	-	-	All Purpose Club

Franklin-Somerset Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$100k^*	-	Money Market Share
OTHER TIERS: 0.20% → $1,500 - $100k
0.05%	$1,500	-	Money Market Share Draft

Franklin-Somerset Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%	$500	-	84 Month CD
1.25%	$500	-	60 Month CD
0.75%	$500	-	36 Month CD
0.55%	$500	-	24 Month CD
0.45%	$500	-	18 Month CD
0.35%	$500	-	12 Month CD
0.30%	$500	-	6 Month CD

Franklin-Somerset Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%	$500	-	84 Month IRA
1.50%	-	-	7 Year Roth IRA
1.25%	$500	-	60 Month IRA
1.25%	-	-	5 Year Roth IRA
0.75%	$500	-	36 Month IRA
0.75%	-	-	3 Year Education IRA
0.75%	-	-	3 Year Roth IRA
0.55%	$500	-	24 Month IRA
0.55%	-	-	2 Year Roth IRA
0.45%	$500	-	18 Month IRA
0.35%	$500	-	12 Month IRA
0.35%	-	-	1 Year Education IRA
0.35%	-	-	1 Year Roth IRA
0.30%	$500	-	6 Month IRA

Locations

Franklin-Somerset Federal Credit Union Locations
Branch Office	485 WILTON RD	FARMINGTON, ME 04938
Branch Office	26 LEAVITT ST	SKOWHEGAN, ME 04976
Branch Office	476 MAIN ST	KINGFIELD, ME 04947
Branch Office	20 MAIN ST	MADISON, ME 04950