Norstate Federal Credit Union is headquartered in Madawaska and is the 18th largest credit union in the state of Maine. It is also the 1,130th largest credit union in the nation. It was established in 1941 and as of December of 2022, it had grown to 72 employees and 14,592 members at 6 locations. Norstate Federal Credit Union has a B+ health rating.
Membership is open to those who live, work, worship or attend school in Aroostook County or Northern Penobscot County.
See current membership details
|Return on Assets - YTD||0.72%|
|Return on Equity - YTD||6.66%|
|Annual Interest Income||$10.0MM|
|Assets and Liabilities|
|Assets||Q4 2022vs Q4 2021||$243.2MM$243.4MM|
|Loans||Q4 2022vs Q4 2021||$182.4MM$172.2MM|
|Deposits||Q4 2022vs Q4 2021||$211.5MM$207.2MM|
|Equity Capital||Q4 2022vs Q4 2021||$26.2MM$28.4MM|
|Loan Loss Allowance||Q4 2022vs Q4 2021||$939.00K$667.00K|
|Unbacked Noncurrent Loans||Q4 2022vs Q4 2021||$3.6MM$2.4MM|
|Real Estate Owned||Q4 2022vs Q4 2021||$0$68.00K|
Rates for Norstate Federal Credit Union are currently being reviewed.
|Norstate Federal Credit Union Locations|
|Branch Office||3333 Aroostook Rd||Eagle Lake, ME 04739|
|Branch Office||78 Fox St||Madawaska, ME 04756|
|Branch Office||164 Market St||Fort Kent, ME 04743|
|Branch Office||738 Main St||Presque Isle, ME 04769|
|Branch Office||156 Main St||Van Buren, ME 04785|
|Branch Office||23 Exchange St||Ashland, ME 04732|