TruChoice Federal Credit Union


Overview / Commentary
207-772-0808
332 Cummings Rd
South Portland, ME 04106

TruChoice Federal Credit Union is headquartered in South Portland and is the 21st largest credit union in the state of Maine. It is also the 1,137th largest credit union in the nation. It was established in 1955 and as of March of 2025, it had grown to 49 employees and 12,702 members at 4 locations. TruChoice Federal Credit Union has an A health rating.

Field of Membership Restrictions

TruChoice Federal Credit Union is open to anyone who lives, works, worships, or goes to school in the Maine counties of Androscoggin, Franklin, Kennebec, Knox, Cumberland, Lincoln, Oxford, York, Sagadahoc, or Somerset. Family members are also eligible to join.
See current membership details

Reviews (1)

New Member Decent Rates

Posted by: |

summer 2024 teaser reward checking rate 8% was nice while it lasted.

September 2024 rate is 5.25 on 1st 10k

So far, good experience

Recommend



Health

Health Grade Components

Overall
NCUA #10100
Year Chartered1955
Employees49
Primary Regulator
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD10.25%
Annual Interest Income$3.5MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$249.7MM$232.6MM
LoansQ1 2025vs Q1 2024$199.2MM$202.8MM
DepositsQ1 2025vs Q1 2024$227.1MM$209.9MM
Equity CapitalQ1 2025vs Q1 2024$22MM$19.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3.7MM$3.7MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.6MM$2.3MM
Real Estate OwnedQ1 2025vs Q1 2024$326K$0
Rates

Rates for TruChoice Federal Credit Union are currently being reviewed.

Locations


TruChoice Federal Credit Union Locations
Branch Office779 NARRAGANSETT TRLBUXTON, ME 04093
Branch Office332 Cummings RdSouth Portland, ME 04106
Branch Office272 PARK AVEPORTLAND, ME 04102-2912
Branch Office6 Barra RdBiddeford, ME 04005-9459

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.