Overview / Commentary
Seaboard Federal Credit Union is headquartered in Bucksport and is the 22nd largest credit union in the state of Maine. It is also the 1,195th largest credit union in the nation. It was established in 1940 and as of March of 2025, it had grown to 34 employees and 13,065 members at 3 locations. Seaboard Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Seaboard Federal Credit Union is open anyone who lives, works, worships, or attends school in the Maine counties of Hancock, Penobscot, Waldo, or Washington. Membership also extends to immediate family of current Seaboard Federal Credit Union members.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 4118 |
| Year Chartered | 1940 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.55% |
| Return on Equity - YTD | 6.52% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $232MM$214.5MM |
| Loans | Q1 2025vs Q1 2024 | $141MM$135.3MM |
| Deposits | Q1 2025vs Q1 2024 | $208MM$192.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $19.2MM$16.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $571K$451K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1MM$1.1MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |