Maine State Credit Union


Overview / Commentary
207-623-1851
200 Capitol St
Augusta, ME 04330

Maine State Credit Union is headquartered in Augusta and is the 3rd largest credit union in the state of Maine. It is also the 601st largest credit union in the nation. It was established in 1935 and as of March of 2024, it had grown to 124 employees and 36,306 members at 5 locations. Maine State Credit Union has a B+ health rating.

Field of Membership Restrictions

Maine State Credit Union serves those who work, worship, attend school, or live in the Maine counties of Androscoggin, Cumberland, Kennebec, Knox, Lincoln, Sagadahoc, Somerset, or Waldo. Membership is offered to employees of the State of Maine, members of Maine State Employees' Association, Maine Technical College System employees and other organization.
See current membership details

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Reviews (1)

Advantage Checking Rate Cut To 2% 2/1/12

Posted by: |

So says the MSR who opened my account on Thursday. Of course she told me this AFTER I had filled out the paperwork and fully funded the account. At least the 25k cap is still in place...



Health
B+

Health Grade Components

Overall
NCUA #63377
Year Chartered1935
Employees124
Primary Regulator
Profit Margin
Return on Assets - YTD-0.18%
Return on Equity - YTD-2.24%
Annual Interest Income$7.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$691.8MM$601MM
LoansQ1 2024vs Q1 2023$435.8MM$366.3MM
DepositsQ1 2024vs Q1 2023$634.7MM$545.6MM
Equity CapitalQ1 2024vs Q1 2023$54MM$52.5MM
Loan Loss AllowanceQ1 2024vs Q1 2023$2.5MM$2.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$2.8MM$2.1MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Rates

Rates for Maine State Credit Union are currently being reviewed.

Locations


Maine State Credit Union Locations
Branch Office200 Capitol StAugusta, ME 04330-6238
Branch Office162 Hospital StAugusta, ME 04330-0717
Branch Office81 Grove StWaterville, ME 04901-5826
Branch Office25 Portland RdGray, ME 04039
Branch Office168 Camden StRockland, ME 04841

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