Sebasticook Valley Federal Credit Union
Overview / Commentary
Sebasticook Valley Federal Credit Union is headquartered in PITTSFIELD and is the 27th largest credit union in the state of Maine. It is also the 1,447th largest credit union in the nation. It was established in 1953 and as of December of 2022, it had grown to 27 employees and 12,661 members at 3 locations. Sebasticook Valley Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school, or worship in the towns of; Pittsfield, Newport, Corinna, Burnham, Detroit, Dixmont, Etna, Hartland, St. Albans, Stetson, Palmyra, Plymouth, Cambridge, Dexter, Exeter, Garland, Harmony and Ripley in Maine and to immediate family of current members.
See current membership details
Health
A+
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8936 |
| Year Chartered | 1953 |
| Employees | 27 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.58% |
| Return on Equity - YTD | 14.58% |
| Annual Interest Income | $5.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $156.3MM$148.9MM |
| Loans | Q4 2022vs Q4 2021 | $135.6MM$124.3MM |
| Deposits | Q4 2022vs Q4 2021 | $129.8MM$129.0MM |
| Equity Capital | Q4 2022vs Q4 2021 | $17.1MM$15.6MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $541.00K$509.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $235.00K$711.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |