MAINE STATE

P.O. Box 5659
Augusta, ME 04332

 

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 63377
Date Established 1935
Assets $410.08 million
Loans $270.96 million
Deposits $354.60 million
Capital $57.60 million

Maine State is an NCUA insured institution located in Augusta, ME. It was founded in 1935 and has approximately $410.08 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

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD 10K
0.75% $500 - Learn MoreShow Less
06MCD100K
0.85% $500 $9,999,999 Learn MoreShow Less
Savings Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
FIXIRA0K
1.15% $500 $9,999,999 Learn MoreShow Less
Fixed IRA 0K
1.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.50% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM10K
0.50% $2,000 $25,000 Learn MoreShow Less
MM25K
0.60% $25,001 $50,000 Learn MoreShow Less
Checking Rates APY MIN FEE
Advantage Checking 1.50% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.459% 4.375% 0.00 $2,500 $1,249 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.710% 4.625% 0.50 $2,472 $1,286 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

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

Branches

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:
Ashburn,Virginia


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
4.77% 6.94

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 March 31, 2018, Maine State had $2,814,905 in non-current loans and $21,429 in owned assets. To cover these potential losses it had $57,595,257 in net worth and $1,884,867 in loans loss reserves. That gives it a Texas Ratio of 4.77%.

Net Worth
Maine State U.S. Average
14.04% 13.08%

Maine State FCU has a net worth of 14.04% versus the BestCashCow average of 13.08. 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 State

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 $57.60 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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