Atlantic Regional Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by CUHub
Review based on 12 criteria Rating: 3.5 out of 5

P.O. Box 188, Brunswick, ME 04011

Website

(207) 725-8728

Data Source: NCUA, December 31, 2016


Atlantic Regional Federal Credit Union was founded in 1941. Headquartered in Brunswick, Maine, Atlantic Regional Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Atlantic Regional Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Atlantic Regional Federal Credit Union services 20,267 members through its 4 offices and branches and 82 full-time and 2 part-time employees. It has $331,614,930 of total assets and $43,504,174 of net worth. Based on its asset size and net worth ratio, Atlantic Regional Federal Credit Union is classified as a Well Capitalized medium large credit union.

Atlantic Regional Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Atlantic Regional Federal Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Atlantic Regional Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Maine and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Maine
Median of USA
Checking
1.2500
0.0000
0.0000
Savings
0.3000
0.1000
0.1200
Money Market
0.3000
0.2500
0.2500
Certificate Deplit
1.2100
0.6700
0.5800
IRA
1.6700
0.6900
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Maine
National Median Rates
Credit Cards
n/a
10.5700
9.9900
Unsecured Line of Credits
11.0800
10.9250
10.9500
Short-term Small Amount
n/a
23.0000
25.0000
Student Loans
n/a
5.0000
6.0200
New Car Loans
3.4300
3.1200
3.3300
Used Car Loans
5.7400
4.1250
4.5000
1st Mortgage Real Estates
4.5500
4.2000
4.2500
Other Real Estates
4.4400
4.0000
4.7000

Atlantic Regional Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Atlantic Regional Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
Yes

As a community financial institution, Atlantic Regional Federal Credit Union actively involves in local communities by prliding services such as financial education, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Brunswick
Main Office

55 Cushing St
Brunswick, ME 04011
Phone:207-725-8728

Cumberland
327 Main St
Cumberland, ME 04021
Phone:207-725-8728

Freeport
41 Mallett Dr
Freeport, ME 04032
Phone:207-865-2830

Topsham
3 Union Park Rd
Topsham, ME 04086
Phone:207-725-8728

(207) 725-1290

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  1. Cuhub Staff
    Cuhub Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:29 pm

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