MAINE SOLUTIONS Credit Union Profile

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MAINE SOLUTIONS

Charter #17436 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (207) 775-8371

Fax: (207) 761-6235

Founding Date: N/A

Website: http://www.mesolutionsfcu.org

Personnel & Operations

President: Hopkins, Scott

Manager: Garcia, Diana

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: M - F, 8 A.M. - 4 P.M.

Credit Union Profile Summary

MAINE SOLUTIONS is a FCU Credit Union. With a total of 1,198 members [1], this institution manages approximately $20,418,603 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.12% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.59% [1].

Financial Snapshot

Total Assets [1]
$20,418,603

Total economic resources.

Total Loans [1]
$11,855,759

Total value of outstanding loans.

Total Deposits [1]
$17,847,202

Total funds deposited by members.

Members [1]
1,198

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.12%

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]
0.69%

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

Loan-to-Share Ratio [1]
66.43%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-4.36%

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

Loan Growth (4Q) [1]
-4.59%

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

Member Growth (4Q) [1]
-3.70%

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

Headquarters Location & Map

Headquarters Address

209 WESTERN AVE UNIT B

SOUTH PORTLAND, ME, 04106

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by MAINE SOLUTIONS (Charter #17436).

Main Office

CU Branch Main Office

Type: Corporate Office

209 Western Ave Unit B

South Portland, ME 04106

Phone: (207) 775-8371

Services: Member Services, ATM

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