Franklin-Somerset Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.f-sfcu.com

207-474-3331

26 Leavitt St
Skowhegan, ME 04976

Franklin-Somerset Federal Credit Union is headquartered in MADISON and is the 28^th largest credit union in the state of Maine. It is also the 1,540^th largest credit union in the nation. It was established in 1962 and as of March of 2025, it had grown to 37 employees and 10,106 members at 6 locations. Franklin-Somerset Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in Franklin-Somerset Federal Credit Union is open to those who live or work in Franklin County or Somerset County, Maine.
See current membership details

Reviews

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Health

A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	15159
Year Chartered	1962
Employees	37
Primary Regulator

Profit Margin
Return on Assets - YTD	0.93%
Return on Equity - YTD	7.38%
Annual Interest Income	$1.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$140MM$132.7MM
Loans	Q1 2025vs Q1 2024	$64.5MM$62.6MM
Deposits	Q1 2025vs Q1 2024	$122.3MM$115.9MM
Equity Capital	Q1 2025vs Q1 2024	$17.3MM$16.1MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$645K$624K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$357K$253K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Franklin-Somerset Federal Credit Union are currently being reviewed.

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
Corporate Office	114 E MADISON RD	MADISON, ME 04950-3027
Branch Office	104 MAIN STREET	STRATTON, ME 04982

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