MAINE SAVINGS

PO BOX 347
Hampden, ME 04444

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 14565
Date Established 1961
Assets $387.18 million
Loans $317.88 million
Deposits $336.68 million
Capital $33.16 million

Maine Savings is an NCUA insured institution located in Hampden, ME. It was founded in 1961 and has approximately $387.18 millions in assets.

Field of Membership Restrictions

Membership is open to anyone through joining the American Consumer Council (can join through the credit union's online application). Membership is also open to those living in select areas of Maine and to members of the Select Employee Group (details are in the credit union's online application).

Deposit Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $2,500 $24,999 Learn MoreShow Less
Money Market
0.20% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
1.41% $500 $9,999,999 Learn MoreShow Less
Fixed IRA
1.00% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.75% $500 - Learn MoreShow Less
1.06% $500 $9,999,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 - Learn MoreShow Less

Loan Rates - October 18, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MAINE SAVINGS

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
5.043% 5.000% 0.13 $1,314 $1,343 Learn More
Rocket Mortgage
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to MAINE SAVINGS
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Maine Savings branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Maine Savings Locations

Financial Details

Maine Savings Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Maine Savings. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Maine Savings U.S. Average
2.14% 5.78

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2018, Maine Savings had $471,887 in non-current loans and $261,265 in owned assets. To cover these potential losses it had $33,164,762 in net worth and $1,093,549 in loans loss reserves. That gives it a Texas Ratio of 2.14%.

Net Worth
Maine Savings U.S. Average
8.56% 13.21%

Maine Savings FCU has a net worth of 8.56% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions On Maine Savings

What is Maine Savings?

A federal credit union, registered with the NCUA under certificate #14565.
Learn more about credit unions here.

Is Maine Savings FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Maine Savings?

Please see Field of Membership information above for information on who is eligible to join.

What are Maine Savings's share account and share certificate rates?

Maine Savings's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Maine Savings?

Maine Savings has total capital of $33.16 million. Full information on Maine Savings's financial position is located above.

Who owns Maine Savings?

Credit Unions are owned by their members.

Where are Maine Savings branches located?

See branch locations nearby.

Are Maine Savings ATMs Open 24/7?

Do Maine Savings ATMs accept cash deposits?

Can Maine Savings customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Maine Savings have a mobile app?

Does Maine Savings have mobile deposit?

Does Maine Savings have quick pay?

How can Maine Savings transfer money to other banks or credit unions?

Does Maine Savings report to credit bureaus?

Does Maine Savings use Chexsystems?

Does Maine Savings use Equifax?

What is Maine Savings's toll free phone number?

What is Maine Savings's ACH Routing Number?

What is Maine Savings's SWIFT code?

Where can I find Maine Savings's wire transfer form?

What is the Maine Savings address for deposits?

What Products Does Maine Savings Offer

Does Maine Savings offer mortgages?

Compare mortgage rates here.

Does Maine Savings offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Maine Savings offer auto and RV loans?

Compare auto loan rates here.

Does Maine Savings offer student loans or personal loans?

Compare personal loan rates here.

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