While Central Maine Credit Union prides itself on providing quality financial services to our members, we also play an active role in the community. Many staff members and volunteers participate throughout the year in local events sponsored by businesses and charitable organizations and also serve on Boards and committees for various organizations in the area.
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Central Maine Federal Credit Union has earned Bauer Financial, Inc.'s highest 5 - Star rating! This award signifies that your credit union is one of the strongest credit unions in the nation.
Central Maine FCU is a safe, financially sound credit union that is operating well above the regulatory capital requirements!
Explanation of Criteria Used to Determine BAUERFINANCIAL Star Ratingtm
Financial data is compiled for credit unions as reported to the National Credit Union Administration (NCUA), the governing body for credit unions. The star ratings classify each credit union based upon a complex formula which factors in relevant data including, but not limited to: capital, historical trends, loan delinquencies, differences in the book and market values of the investment portfolio, profitability, repossessed assets, reserves, charge-offs, regulatory compliance and asset quality. (Although credit unions are not-for-profit institutions, losses can impact capital and safety.)