Midcoast Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.71%	5-year CD	5 Year CD 2.35% - Synchrony Bank 60 Month CD
0.55%	1-year CD	1 Year CD 1.50% - Ally Bank No Penalty 11-Month CD
0.15%	Savings	Thrive Savings 1.15% - CIT Bank Spring Savings

View all Midcoast Federal Credit Union rates »

Overview / Commentary

midcoastfcu.me

207-865-4443

186 Lower Main St
Freeport, ME 04032

Midcoast Federal Credit Union is headquartered in Freeport and is the 19^th largest credit union in the state of Maine. It is also the 1,187^th largest credit union in the nation. It was established in 1956 and as of March of 2017, it had grown to 56 employees and 16,244 members at 5 locations. Midcoast Federal Credit Union's money market rates are 25% higher than the national average, and it boasts 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 in Sagadahoc County, Lincoln County, Knox County or the following towns in Cumberland County, Maine: Brunswick, Harpswell, and Freeport.
See current membership details

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Health

A+

Data as of Q1 2017

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Health Grade Components

Overall
NCUA #	10898
Year Chartered	1956
Employees	56
Primary Regulator

Profit Margin
Return on Assets - YTD	0.4%
Return on Equity - YTD	3.61%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$161.3MM$150.9MM
Loans	Q1 2017vs Q1 2016	$113.9MM$101.8MM
Deposits	Q1 2017vs Q1 2016	$143.0MM$133.3MM
Equity Capital	Q1 2017vs Q1 2016	$17.6MM$16.8MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$383.00K$468.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$689.00K$1.1MM
Real Estate Owned	Q1 2017vs Q1 2016	$5.00K$0

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Midcoast Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$10k^*	-	IRA Savings
OTHER TIERS: 0.35% → Up to $10k
0.45%^*	$10k^*	-	Roth IRA Savings
OTHER TIERS: 0.35% → Up to $10k
0.45%^*	$10k^*	-	CESA Share Account
OTHER TIERS: 0.35% → Up to $10
0.15%	-	-	Health Savings Account
0.15%	-	-	Member Savings
0.15%	-	-	Youth Special Purpose Savings
0.15%	-	-	Sprout Savings
0.15%	-	-	Special Purpose Savings
0.15%	-	-	Thrive Savings

Midcoast Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.55%^*	$100k^*	-	Peak Money Market
OTHER TIERS: 0.25% → $2,500 - $25k \| 0.35% → $25k - $50k \| 0.45% → $50k - $100k

Midcoast Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.71%	$1k	-	5 Year CD
1.41%	$1k	-	4 Year CD
1.11%	$1k	-	3 Year CD
0.85%	$1k	-	2 Year CD
0.65%	$1k	-	18 Month CD
0.55%	$1k	-	1 Year CD
0.45%	$1k	-	6 Month CD

Midcoast Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.71%	$1k	-	5 Year IRA
1.41%	$1k	-	4 Year IRA
1.11%	$1k	-	3 Year IRA
0.85%	$1k	-	2 Year IRA
0.65%	$1k	-	18 Month IRA
0.55%	$1k	-	1 Year IRA
0.45%	$1k	-	6 Month IRA

Locations

Midcoast Federal Credit Union Locations
Branch Office	41 Route One	Edgecomb, ME 04556-3040
Branch Office	209 New County Rd	Thomaston, ME 04861-3116
Branch Office	831 Middle St	Bath, ME 04530-2401
Branch Office	6 Station Ave	Brunswick, ME 04011-2092
Corporate Office	186 Lower Main St	Freeport, ME 04032