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.
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
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
Overall | |
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NCUA # | 10100 |
Year Chartered | 1955 |
Employees | 49 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 10.25% |
Annual Interest Income | $3.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $249.7MM$232.6MM |
Loans | Q1 2025vs Q1 2024 | $199.2MM$202.8MM |
Deposits | Q1 2025vs Q1 2024 | $227.1MM$209.9MM |
Equity Capital | Q1 2025vs Q1 2024 | $22MM$19.3MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.7MM$3.7MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.6MM$2.3MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $326K$0 |
Rates for TruChoice Federal Credit Union are currently being reviewed.
TruChoice Federal Credit Union Locations | ||
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Branch Office | 779 NARRAGANSETT TRL | BUXTON, ME 04093 |
Branch Office | 332 Cummings Rd | South Portland, ME 04106 |
Branch Office | 272 PARK AVE | PORTLAND, ME 04102-2912 |
Branch Office | 6 Barra Rd | Biddeford, ME 04005-9459 |