Maine Family Federal Credit Union
Overview / Commentary
Maine Family Federal Credit Union is headquartered in Lewiston and is the 17th largest credit union in the state of Maine. It is also the 1,120th largest credit union in the nation. It was established in 1938 and as of March of 2022, it had grown to 39 employees and 22,406 members at 2 locations. Maine Family Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who work, worship, attend school, or have immediate family members who reside in Androscoggin County, Maine.
See current membership details
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2644 |
| Year Chartered | 1938 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 6.21% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $247.7MM$232.2MM |
| Loans | Q1 2022vs Q1 2021 | $102.7MM$94.4MM |
| Deposits | Q1 2022vs Q1 2021 | $227.7MM$213.3MM |
| Equity Capital | Q1 2022vs Q1 2021 | $19.8MM$18.6MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $209.00K$271.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $112.00K$98.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |