Katahdin Federal Credit Union is headquartered in Millinocket and is the 38th largest credit union in the state of Maine. It is also the 1,797th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 22 employees and 7,985 members at 2 locations. Katahdin Federal Credit Union's CD rates are 5X the national average, and it boasts an A+ health rating.
Katahdin Federal Credit Union is open to anyone who lives, works, worships or attends school in the Maine counties of Penobscot or Piscataquis, or the towns of Amity, Bancroft, Crystal, Cary Plantation, Dyer Brook, Haynesville, Glenwood Plantation, Hersey, Houton, Hodgdon, Island Falls, Littleton, Linneus, Macwahoc Plantation, Moro Plantation, Merrill, New Limerick, Orient, Oakfield, Reed Plantation, Smyrna Mills, Sherman, Weston, or South Aroostook Unorganized Territories. Immediate family members are also eligible to join.
See current membership details
Overall | |
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NCUA # | 9348 |
Year Chartered | 1954 |
Employees | 22 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.44% |
Return on Equity - YTD | 9.02% |
Annual Interest Income | $1.4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $104.6MM$98.4MM |
Loans | Q1 2025vs Q1 2024 | $72.9MM$70.4MM |
Deposits | Q1 2025vs Q1 2024 | $87.9MM$83.1MM |
Equity Capital | Q1 2025vs Q1 2024 | $16.4MM$14.7MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $311K$371K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $382K$506K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Katahdin Federal Credit Union Locations | ||
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Branch Office | 1068 Crystal Rd | Island Falls, ME 04747 |
Corporate Office | 1000 Central St | Millinocket, ME 04462-2101 |