Charter 10898 · Freeport, ME
Midcoast Federal Credit Union
Midcoast Federal Credit Union is a federally chartered credit union in Freeport, Maine, with $267 million in assets and 16,081 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.11%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Midcoast FCU.
- Total assets
- $267 million
- +1.0% in a year
- Members
- 16,081
- +1.1% in a year
- Net worth ratio
- 11.11%
- Peer median 11.65%
- Loans 60+ days late
- 0.41%
- Peer median 0.70%
- Loans outstanding
- $215 million
- +0.1% in a year
- Shares and deposits
- $236 million
- +1.2% in a year
- Branches
- 5
- 77 employees
- Opened
- 1956
- Federal charter
How Midcoast Federal Credit Union compares
NCUA groups credit unions by size; Midcoast Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 11.11% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.41%, is lower than the group median of 0.70%. Loans grew 0.1% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 20 of 48 credit unions headquartered in Maine. See all Maine credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $267 million | 16,081 | $215 million | 11.11% | 0.41% |
| Q1 2026 | $267 million | 16,020 | $216 million | 11.03% | 0.20% |
| Q4 2025 | $267 million | 16,007 | $216 million | 10.97% | 0.34% |
| Q3 2025 | $265 million | 15,962 | $217 million | 11.02% | 0.23% |
| Q2 2025 | $265 million | 15,907 | $215 million | 10.85% | 0.27% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 473,606 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 5 sites for Midcoast Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Bath Office
831 Middle St, Bath, ME 04530 - Brunswick Office
6 Station Ave, Brunswick, ME 04011 - Edgecomb Office
41 Route One, Edgecomb, ME 04556 - Thomaston Office
209 New County Rd, Thomaston, ME 04861 - Freeport Office (main office)
186 Lower Main St, Freeport, ME 04032
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology