Data Source: NCUA, December 31, 2016
Saco Valley Credit Union was founded in 1947. Headquartered in Saco, Maine, Saco Valley Credit Union is a state chartered and federally insured credit union, being chartered in Maine and insured through the National Credit Union Share Insurance Fund (NCUSIF). Saco Valley 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, Saco Valley Credit Union services 8,493 members through its 3 offices and branches and 20 full-time and 4 part-time employees. It has $108,734,851 of total assets and $11,362,104 of net worth. Based on its asset size and net worth ratio, Saco Valley Credit Union is classified as a Well Capitalized medium large credit union.
Saco Valley 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. Saco Valley 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 Saco Valley 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 (%)
Major Loan Accounts and Interest Rates (%)
Saco Valley 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 Saco Valley Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Saco Valley Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, first tim home buyer programs, and student scholarships.
Community and other Service Offerings
312 Main St
Saco, ME 04072-1515
500 Main St
Saco, ME 04072-1530
Waterboro Branch Office
860 Main St
Waterboro, ME 04087-3013