Home
Contents
Explore
Search

Dirigo Credit Union

Overview
Back to Top

Dirigo Credit Union is a federal credit union based in Lewiston, Maine. It has been opened since 1956, for 64 years.

With around $241,370,000 in assets, Dirigo Credit Union is considered to be a very large credit union. It has 5 branches and 5 ATM locations.

About
Address Po Box 741
Lewiston, Maine 04243
Website http://www.dirigofcu.com
Phone (207) 784-5435
Fax (207) 786-0495
CEO Mark Samson
President of the Board Steve Mennealy
Services Offered
Map
Back to Top
Score Card
Back to Top
64 years
Years in business
Opened in 1956
Well Capitalized
Net worth classification
Source: NCUA
22,146 members
Membership type: Community credit union
Above average number of members
375:1
Credit union member to staff ratio
375 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$241,371,139
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 4 in Maine
Above average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
7.95%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
5 branches
Compared with an average of 4 nationally and 4 in Maine
Above average number of branches
Dirigo Credit Union Branch Locations

Dirigo Credit Union: Forrestal
26 Forrestal Street
Lewiston, Maine 04240
No ATM
Dirigo Credit Union: South Paris
172 Pine Street
South Paris, Maine 04281
ATM Available
Dirigo Credit Union: Mechanic Falls
1 Lewiston Street
Mechanic Falls, Maine 04256
ATM Available
Dirigo Credit Union: Auburn
20 Washington Street North
Auburn, Maine 04210
ATM Available
Dirigo Credit Union: 217 Main - Temp
217 Main Street
Lewiston, Maine 04240
ATM Available
Members
Back to Top
22,146 members
Membership type: Community credit union
Above average number of members

With 22,146 members, the Dirigo Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 83% of credit unions.

Fees
Back to Top
$73
Average fee per member
The average fee per member at the Dirigo Credit Union is $73, which is high compared to most credit unions. This rate is higher than 69% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Dirigo Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
375:1
Credit union member to staff ratio
375 per each FTE employee
Compared to 411:1 nationally
Average number of staff
59 staff members
FTE (full-time equivalent)
3% of employees are part-time
58 full-time, 2 part-time

Dirigo Credit Union has 58 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 97% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Dirigo Credit Union has around 375 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
Back to Top
$241,371,139
Total assets
Above average
Net worth
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
13.1%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
Back to Top
$15,920
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 83% of credit unions.

Dirigo Credit Union holds a total of $181,730,000 in loans and leases, which is about $15,920 per member on average.

Savings interest rate
Back to Top
0.15%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Dirigo Credit Union pays 0.15%.

Loan rates
Back to Top
7.95%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.25%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.25%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
2.80%
New car loan rate
Compared to 4.0% nationally
2.25%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.03%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Maine Solutions Credit Union
Location
South Portland, Maine
Members
1318
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
New Dimensions Credit Union
Location
Waterville, Maine
Members
16,293
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Great Falls Regional Credit Union
Location
Lewiston, Maine
Members
4,116
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Winslow Community Credit Union
Location
Winslow, Maine
Members
4,809
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.99%
Read More
Maine Highlands Credit Union
Location
Dexter, Maine
Members
12,333
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
13.90%
Read More
Cumberland County Credit Union
Location
Falmouth, Maine
Members
20,478
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
13.00%
Read More