P.O. Box 5659
Augusta, ME 04332


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 63377
Date Established 1935
Assets $411.30 million
Loans $287.99 million
Deposits $354.94 million
Capital $58.48 million

Maine State is an NCUA insured institution located in Augusta, ME. It was founded in 1935 and has approximately $411.3 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.

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 - January 20, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.80% $2,000 $25,000 Learn MoreShow Less
Money Market
0.90% $25,001 $50,000 Learn MoreShow Less
Fixed IRA
1.35% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.10% $500 - Learn MoreShow Less
12 Mo CD
1.35% $500 - Learn MoreShow Less
24 Mo CD
1.85% $500 - Learn MoreShow Less
36 Mo CD
2.25% $500 - Learn MoreShow Less
48 Mo CD
2.50% $500 - Learn MoreShow Less
60 Mo CD
2.75% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.80% $1 - Learn MoreShow Less
Checking Rates APY MIN FEE
Advantage Checking 2.75% $0 $0.00 Learn MoreShow Less

Loan Rates - January 20, 2019

Your Current Location: Washington, WA 98101

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
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Vantage Mortgage Group, Inc.
NMLS ID: 35986
License#: 35986
4.532% 4.500% 0.00 $993 $1,267 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.276% 4.250% 0.25 $775 $1,230 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 Rate (%) Monthly Payment Learn More

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
2.28% 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 State had $1,356,221 in non-current loans and $21,000 in owned assets. To cover these potential losses it had $58,476,948 in net worth and $1,910,283 in loans loss reserves. That gives it a Texas Ratio of 2.28%.

Net Worth
Maine State U.S. Average
14.21% 13.21%

Maine State FCU has a net worth of 14.21% 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.

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