Maine Highlands Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.76% | 3-year CD | 2.85% - Barclays 36 Month Online CD |
| 1.51% | 3-month IRA | 0.50% - National Average |
| 1.51% | 1-year IRA | 1.36% - National Average |
Maine Highlands Federal Credit Union is headquartered in Dexter and is the 26th largest credit union in the state of Maine. It is also the 1,429th largest credit union in the nation. It was established in 1966 and as of December of 2018, it had grown to 48 employees and 12,333 members at 5 locations. Maine Highlands Federal Credit Union's CD rates are 29% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership to Maine Highlands Federal Credit Union is open to persons who live, work, worship or attend school in the rural district of Piscataquis, Penobscot, or Somerset Counties, Maine;
See current membership details
Related Posts
My Favorite Credit Union
I have been with this credit union for over 20 years, and I probably will be with them for another 20 years. They are right on the ball as far as watching the accounts that they hold. I have had someone get a hold of my credit/debit card and try to make hundreds of dollars in purchases and the lady who is in charge of that department saw a lot of activity going on with my account and called me right away. She was able to stop almost all of the charges before they were actually taken from my account and the ones that had been taken she gave me the information on how to get a hold of the companies and those companies refunded my money. If it wasn't for the attention that they give to there account holders I would have been out of a lot on money. Every employee that I have ever interacted with has been very pleasant, helpful and knowledgeable.
Maine Highlands Federal Credit Union and Me
I have used this credit union since I was 16 years old. I have continually held a checking and savings account with the. When is was time to purchase a home I went to them for a loan. They were very helpful and helped me get a land loan since the home I wanted to purchase was not worth enough money to qualify for a regular mortgage. The loan was adjustable but only by a point per year. There were no fees for early payoff and we did pay it off early. A few years ago they began to offer online banking. This feature has been extremely convenient. I can deposit checks and transfer funds between my accounts from home. We live 15 minutes away from all of the branches of this credit union so the online banking has saved us a ton of hassle.
The only bank we use
We have used MHFCU for many years. It is the only bank we use. We have a savings account and a checking account with the. Our monthly fee for these services is $2.00 a month. We also were provided with a loan to purchase land with them for $15,000 which we have paid of. The loan had an adjustable rate but could only go up or down 1% per year and there were no penalties for early payoff. This bank does allow us to do most of our banking online, including electronic depositing of checks, and transfers between our accounts which is very convenient. It is also convenient that they allow us to make night deposits and have branches in a couple of the towns that surround our town.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 17398 |
| Year Chartered | 1966 |
| Employees | 48 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 8.96% |
| Annual Interest Income | $5.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $122.5MM$115.4MM |
| Loans | Q4 2018vs Q4 2017 | $102.7MM$96.3MM |
| Deposits | Q4 2018vs Q4 2017 | $107.3MM$99.1MM |
| Equity Capital | Q4 2018vs Q4 2017 | $11.2MM$10.3MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $140.00K$109.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $394.00K$990.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$110.00K |
Always verify rates and promotions with the bank or credit union. We are not Maine Highlands 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.
Maine Highlands Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $50 | - | IRA Share | |
| 0.10% | $50 | - | Regular Share | |
| 0.10% | $50 | - | Health Savings Account | |
| 0.10% | - | - | Christmas Club | |
| 0.10% | $50 | - | Monty Moose Youth Account | |
| 0.10% | $50 | - | Greenbucks Youth Account | |
| 0.10% | - | - | Vacation Club | |
| 0.10% | - | - | Critter Club | |
| 0.10% | - | - | All-Purpose Club | |
| 0.10% | $50 | - | Business Share |
Maine Highlands Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $2.5k | - | Money Market |
Maine Highlands Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.53% | $500 | - | 60 Month Share Certificate | |
| 2.02% | $500 | - | 48 Month Share Certificate | |
| 1.76% | $500 | - | 36 Month Share Certificate | |
| 1.51% | $500 | - | 24 Month Share Certificate | |
| 1.31% | $500 | - | 18 Month Share Certificate | |
| 1.16% | $500 | - | 12 Month Share Certificate | |
| 0.85% | $500 | - | 6 Month Share Certificate | |
| 0.50% | $500 | - | 3 Month Share Certificate |
Maine Highlands Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $500 | - | 48 Month IRA Certificate | |
| 1.51% | $500 | - | 3 Month IRA Certificate | |
| 1.51% | $500 | - | 6 Month IRA Certificate | |
| 1.51% | $500 | - | 12 Month IRA Certificate | |
| 1.51% | $500 | - | 18 Month IRA Certificate | |
| 1.51% | $500 | - | 24 Month IRA Certificate | |
| 1.51% | $500 | - | 36 Month IRA Certificate | |
| 1.51% | $500 | - | 9 Month IRA Certificate | |
| 1.51% | $500 | - | 15 Month IRA Certificate |
| Maine Highlands Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 194 Main Rd | Brownville, ME 04414 |
| Branch Office | 23 Hudson Ave | Guilford, ME 04443 |
| Branch Office | 955 W Main St | Dover Foxcroft, ME 04426-1028 |
| Branch Office | 393 Pritham Avenue | Greenville Junction, ME 04442 |
| Branch Office | 73 Main St | Dexter, ME 04930 |