Home
Contents
Explore
Search

Sebasticook Valley Credit Union

Overview
Back to Top

Sebasticook Valley Credit Union is a federal credit union based in Pittsfield, Maine. It has been opened since 1953, for 67 years.

With around $111,630,000 in assets, Sebasticook Valley Credit Union is considered to be a large credit union.

About
Address Pob 10
Pittsfield, Maine 04967
Website http://svfcume.com
Phone (207) 487-5576
Fax (207) 487-5149
CEO James R. Lemieux
President of the Board Danny Costain
Services Offered
Map
Back to Top
Score Card
Back to Top
67 years
Years in business
Opened in 1953
Well Capitalized
Net worth classification
Source: NCUA
11,446 members
Membership type: Unknown
Above average number of members
416:1
Credit union member to staff ratio
416 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$111,628,882
Total assets
Above average
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
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
2 branches
Compared with an average of 4 nationally and 4 in Maine
Above average number of branches
Sebasticook Valley Credit Union Branch Locations
Members
Back to Top
11,446 members
Membership type: Unknown
Above average number of members

With 11,446 members, the Sebasticook Valley Credit Union is considered to be a large credit union. It is larger than 73% of credit unions.

Fees
Back to Top
$58
Average fee per member
The average fee per member at the Sebasticook Valley Credit Union is $58, which is comparable to most credit unions. This rate is lower than 42% 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 Sebasticook Valley Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
416:1
Credit union member to staff ratio
416 per each FTE employee
Compared to 411:1 nationally
Fewer staff
28 staff members
FTE (full-time equivalent)
10% of employees are part-time
26 full-time, 3 part-time

Sebasticook Valley Credit Union has 26 full-time staff members and 3 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 90% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Sebasticook Valley Credit Union has around 416 members per staff, a higher ratio compared to other credit unions.

Assets
Back to Top
$111,628,882
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.
10.0%
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
$9,822
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 47% of credit unions.

Sebasticook Valley Credit Union holds a total of $97,280,000 in loans and leases, which is about $9,822 per member on average.

Savings interest rate
Back to Top
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. Sebasticook Valley Credit Union pays 0.10%.

Loan rates
Back to Top
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.25%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
5.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
5.00%
New car loan rate
Compared to 4.0% nationally
5.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
6.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
6.00%
Other real estate loan rates
Compared to 0.9% nationally
Bangor Credit Union
Location
Bangor, Maine
Members
13,608
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
7.90%
Read More
Katahdin Credit Union
Location
Millinocket, Maine
Members
7,833
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
12.90%
Read More
Maine Solutions Credit Union
Location
South Portland, Maine
Members
1318
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Truchoice Credit Union
Location
Portland, Maine
Members
12,141
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.90%
Read More
Casco Credit Union
Location
Gorham, Maine
Members
8,451
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.76%
Read More
Saco Valley Credit Union
Location
Saco, Maine
Members
8,499
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
7.90%
Read More