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Great Falls Regional Credit Union

Overview
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Great Falls Regional Credit Union is a federal credit union based in Lewiston, Maine. It has been opened since 1955, for 65 years.

With around $26,650,000 in assets, Great Falls Regional Credit Union is considered to be an average size credit union. It has 2 branches and 1 ATM locations.

About
Address 34 Bates Street
Lewiston, Maine 04240
Website http://www.greatfallsfcu.com
Phone (207) 782-7192
Fax (207) 782-5501
CEO Nancy S. Bard
President of the Board Joseph Mcgovern
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
4,116 members
Membership type: Community credit union
Average number of members
374:1
Credit union member to staff ratio
374 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$26,653,459
Total assets
Average size
2 branches
Compared with an average of 4 nationally and 4 in Maine
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
Branches
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2 branches
Compared with an average of 4 nationally and 4 in Maine
Above average number of branches
Great Falls Regional Credit Union Branch Locations
Members
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4,116 members
Membership type: Community credit union
Average number of members

With 4,116 members, the Great Falls Regional Credit Union is considered to be a medium size credit union. It is larger than 52% of credit unions.

Fees
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$40
Average fee per member
The average fee per member at the Great Falls Regional Credit Union is $40, which is comparable to most credit unions. This rate is lower than 57% of all credit unions.
Fees are 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 Great Falls Regional Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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374:1
Credit union member to staff ratio
374 per each FTE employee
Compared to 411:1 nationally
Average number of staff
11 staff members
FTE (full-time equivalent)
0% of employees are part-time
11 full-time, 0 part-time

Great Falls Regional Credit Union has 11 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Great Falls Regional Credit Union has around 374 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
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$26,653,459
Total assets
Average size
Net worth
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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.
18.6%
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
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$10,392
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 53% of credit unions.

Great Falls Regional Credit Union holds a total of $8,540,000 in loans and leases, which is about $10,392 per member on average.

Savings interest rate
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0.10%
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. Great Falls Regional Credit Union pays 0.10%.

Loan rates
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12.90%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.50%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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5.25%
New car loan rate
Compared to 4.0% nationally
5.25%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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5.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
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Credit Card Loan Interest Rate
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