Katahdin Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.79%	5-year CD	3.10% - American Express National Bank 60 Month CD
1.26%	1-year CD	1.29% - National Average
0.25%	Savings	2.10% - American Express National Bank High Yield Savings Account

View all Katahdin Federal Credit Union rates »

Overview / Commentary

www.katahdinfcu.org

207-723-9718

1000 Central Street
Millinocket, ME 04462

Katahdin Federal Credit Union is headquartered in Millinocket and is the 34^th largest credit union in the state of Maine. It is also the 1,881^st largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 20 employees and 7,821 members at 2 locations. Katahdin Federal Credit Union's CD rates are 40% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Penobscot County or Piscataquis County, or the towns of Amity, Bancroft, Cary Plantation, Crystal, Dyer Brook, Glenwood Plantation, Haynesville, Hersey, Hodgdon, Houlton, Island Falls, Linneus, Littleton, Macwahoc Plantatin, Merrill, Moro Plantation, New Limerick, Oakfield, Orient, Reed Plantation, Sherman, Smyrna Mills, South Aroostook Unorganized Territories, or Weston, Maine
See current membership details

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Health

Data as of Q3 2018

Learn why bank health matters

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. Katahdin Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	9348
Year Chartered	1954
Employees	20
Primary Regulator

Profit Margin
Return on Assets - YTD	0.85%
Return on Equity - YTD	6.61%
Annual Interest Income	$2.4MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$75.9MM$74.6MM
Loans	Q3 2018vs Q3 2017	$58.9MM$54.7MM
Deposits	Q3 2018vs Q3 2017	$65.5MM$64.4MM
Equity Capital	Q3 2018vs Q3 2017	$9.9MM$9.4MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$211.00K$184.00K
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$754.00K$948.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$12.00K

Rates

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CD
IRA

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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 Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	$25	-	IRA Share
0.25%^*	$25k^*	-	Share Savings
OTHER TIERS: 0.05% → $25 - $2k \| 0.15% → $2k - $25k
0.25%^*	$25k^*	-	Holiday Club Account
OTHER TIERS: 0.05% → $25 - $2k \| 0.15% → $2k - $25k
0.25%^*	$25k^*	-	Vacation Club Account
OTHER TIERS: 0.05% → $25 - $2k \| 0.15% → $2k - $25k
0.25%^*	$25k^*	-	Tax Club Account
OTHER TIERS: 0.05% → $25 - $2k \| 0.15% → $2k - $25k
0.25%^*	$25k^*	-	Special Club Account
OTHER TIERS: 0.05% → $25 - $2k \| 0.15% → $2k - $25k

Katahdin Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.79%	$500	-	60 Month Share Certificate
2.48%	$500	-	48 Month Share Certificate
2.27%	$500	-	18 Month Share Certificate
1.97%	$500	-	36 Month Share Certificate
1.71%	$500	-	24 Month Share Certificate
1.26%	$500	-	12 Month Share Certificate
1.26%	$500	-	15 Month Share Certificate Special
0.95%	$500	-	9 Month Share Certificate
0.80%	$500	-	6 Month Share Certificate
0.40%	$500	-	3 Month Share Certificate

Katahdin Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.79%	$500	-	60 Month IRA Certificate
2.48%	$500	-	48 Month IRA Certificate
2.27%	$500	-	18 Month IRA Certificate
1.97%	$500	-	36 Month IRA Certificate
1.71%	$500	-	24 Month IRA Certificate
1.26%	$500	-	12 Month IRA Certificate
1.26%	$500	-	15 Month IRA Certificate Special

Locations

Katahdin Federal Credit Union Locations
Branch Office	1068 Crystal Rd	Island Falls, ME 04747-4365
Branch Office	1000 Central St	Millinocket, ME 04462-2111

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