Advertising Disclosure
  1. Banks
  2. Katahdin Federal Credit Union

Katahdin Federal Credit Union


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 38th largest credit union in the state of Maine. It is also the 1,833rd largest credit union in the nation. It was established in 1954 and as of June of 2024, it had grown to 21 employees and 8,060 members at 2 locations. Katahdin Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.

Field of Membership Restrictions

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

Reviews

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



Health
A

Data as of Q2 2024

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 Chartered1954
Employees21
Primary Regulator
Profit Margin
Return on Assets - YTD1.29%
Return on Equity - YTD8.43%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$98.7MM$96.6MM
LoansQ2 2024vs Q2 2023$72.3MM$67.1MM
DepositsQ2 2024vs Q2 2023$83MM$82.7MM
Equity CapitalQ2 2024vs Q2 2023$15.1MM$13.6MM
Loan Loss AllowanceQ2 2024vs Q2 2023$359K$264K
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$428K$262K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates
Skip to rates for:
Report an Issue

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

* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.38%$500-15 Month Share Certificate Special
4.07%$500-60 Month Share Certificate
3.30%$500-18 Month Share Certificate
3.30%$500-24 Month Share Certificate
3.04%$500-12 Month Share Certificate
3.04%$500-36 Month Share Certificate
3.04%$500-48 Month Share Certificate
2.02%$500-6 Month Share Certificate
2.02%$500-9 Month Share Certificate
0.70%$500-3 Month Share Certificate

Katahdin Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.38%$500-15 Month IRA Certificate Special
4.07%$500-60 Month IRA Certificate
3.30%$500-18 Month IRA Certificate
3.30%$500-24 Month IRA Certificate
3.04%$500-12 Month IRA Certificate
3.04%$500-36 Month IRA Certificate
3.04%$500-48 Month IRA Certificate
Locations


Katahdin Federal Credit Union Locations
Branch Office1068 Crystal RdIsland Falls, ME 04747
Corporate Office1000 Central StMillinocket, ME 04462-2101

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 [email protected] 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.