MIDCOAST Credit Union Profile

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MIDCOAST

Charter #10898 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (207) 865-4443

Fax: (207) 865-0876

Founding Date: N/A

Website: https://www.midcoastfcu.me

Personnel & Operations

President: Hart, Richard

Manager: Gervais, Joseph

FT Employees: 71

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 66

Branches: 5

Hours: Monday 8:30AM - 4:30PM Tuesday 8:30AM - 4:3

Credit Union Profile Summary

MIDCOAST is a FCU Credit Union. With a total of 15,907 members [1], this institution manages approximately $264,559,877 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.85% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.61% [1].

Financial Snapshot

Total Assets [1]
$264,559,877

Total economic resources.

Total Loans [1]
$214,896,554

Total value of outstanding loans.

Total Deposits [1]
$233,012,066

Total funds deposited by members.

Members [1]
15,907

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.85%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.44%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
92.23%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 3.55%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 3.61%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.66%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

186 Lower Main St

Freeport, ME, 04032
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 5 branches reported by MIDCOAST (Charter #10898).

Main Office

Freeport Office Main Office

Type: Corporate Office

186 Lower Main St

Freeport, ME 04032

Phone: (207) 865-4443

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Bath

Bath Office

Type: Branch Office

831 Middle St

Bath, ME 04530-2401

Phone: (207) 443-5531

Services: Member Services, ATM, Drive-Thru

Open in Directions

Brunswick

Brunswick Office

Type: Branch Office

6 Station Ave

Brunswick, ME 04011-2092

Phone: (207) 729-8737

Services: Member Services, ATM, Drive-Thru

Open in Directions

Edgecomb

Edgecomb Office

Type: Branch Office

41 Route One

Edgecomb, ME 04556-3040

Phone: (207) 882-7919

Services: Member Services, ATM, Drive-Thru

Open in Directions

Thomaston

Thomaston Office

Type: Branch Office

209 New County Rd

Thomaston, ME 04861-3116

Phone: (207) 594-7775

Services: Member Services, ATM, Drive-Thru

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