P.O. Box 5659
Augusta, ME 04332

Notable Rates APY Vs.Others
Savings 0.15% 2.30% →
1-Year CD 2.25% 2.25% →
2-Year CD 2.50% 2.50% →
5-Year CD 3.20% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Maine State is an NCUA insured institution located in Augusta, ME. It was founded in 1935 and has approximately $433.67 millions in assets.

Who can join?

The following people are eligible to join Maine State CU:

Anyone who lives, works, worships, or attends school in Kennebec County or Somerset County

Maine State Employees

Employees of the Maine State Employees' Association

Cumberland County Employees

Maine Housing Authority Employees

Members of the Maine Association of Retirees

Employees of the Maine Technical College System

Maine State Retirement System Employees

Retirees of groups listed above, any individual who is receiving a Maine State retirement pension, and their immediate family or household members.

NCUA Insured Yes
Charter Number # # 63377
Date Established 1935
Assets $433.67 million
Loans $313.55 million
Deposits $374.77 million
Capital $62.18 million

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Kennebec or Somerset County. Membership is also open to Maine state employees, Maine Housing Authority employees, Maine Technical College system employees, and other select groups.

Deposit Rates - December 6, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.90% $2,000 $25,000 Learn MoreShow Less
Money Market
1.00% $25,001 $50,000 Learn MoreShow Less
Fixed IRA
2.25% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.75% $500 - Learn MoreShow Less
12 Mo CD
2.25% $500 - Learn MoreShow Less
24 Mo CD
2.50% $500 - Learn MoreShow Less
36 Mo CD
2.75% $500 - Learn MoreShow Less
48 Mo CD
2.90% $500 - Learn MoreShow Less
60 Mo CD
3.20% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.90% $1 - Learn MoreShow Less
Checking Rates APY MIN FEE
Advantage Checking 3.00% $0 $0.00 Learn MoreShow Less

Loan Rates - December 6, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for MAINE STATE

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 520-CL-25944
3.625% 3.625% 0.00 ($65) $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


Below are Maine State 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:

Maine State Locations

Financial Details

Maine State Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Maine State. 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 State U.S. Average
2.91% 5.86

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, 2019, Maine State had $1,830,287 in non-current loans and $28,500 in owned assets. To cover these potential losses it had $62,181,848 in net worth and $1,696,840 in loans loss reserves. That gives it a Texas Ratio of 2.91%.

Net Worth
Maine State U.S. Average
14.33% 13.65%

Maine State FCU has a net worth of 14.33% versus the BestCashCow average of 13.65. 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 About Maine State

Branches and Savings

What is Maine State?

A federal credit union, registered with the NCUA under certificate #63377.
Learn more about credit unions here.

Is Maine State 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 State?

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

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

Maine State'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 State?

Maine State has total capital of $62.18 million. Full information on Maine State's financial position is located above.

Who owns Maine State?

Credit Unions are owned by their members.

Where are Maine State branches located?

See branch locations nearby.

Are Maine State ATMs Open 24/7?

Do Maine State ATMs accept cash deposits?

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

Does Maine State have a mobile app?

Does Maine State have mobile deposit?

Does Maine State have quick pay?

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

Does Maine State report to credit bureaus?

Does Maine State use Chexsystems?

Does Maine State use Equifax?

What is Maine State's toll free phone number?

What is Maine State's ACH Routing Number?

What is Maine State's SWIFT code?

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

What is the Maine State address for deposits?

What Products Does Maine State Offer

Does Maine State offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Maine State offer auto and RV loans?

Compare auto loan rates here.

Does Maine State offer student loans or personal loans?

Compare personal loan rates here.

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