Town & Country Federal Credit Union

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

PO Box 9420, South Portland, ME 04116

Website

(207) 773-5656

Data Source: NCUA, December 31, 2016


Town & Country Federal Credit Union was founded in 1953. Headquartered in South Portland, Maine, Town & Country 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). Town & Country 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, Town & Country Federal Credit Union services 35,162 members through its 6 offices and branches and 103 full-time and 1 part-time employees. It has $333,495,292 of total assets and $26,186,345 of net worth. Based on its asset size and net worth ratio, Town & Country Federal Credit Union is classified as a Well Capitalized medium large credit union.

Town & Country 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. Town & Country 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 Town & Country 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
0.0000
0.0000
0.0000
Savings
0.1500
0.1000
0.1200
Money Market
0.1500
0.2500
0.2500
Certificate Deplit
1.0000
0.6700
0.5800
IRA
0.3000
0.6900
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Maine
National Median Rates
Credit Cards
8.9000
10.5700
9.9900
Unsecured Line of Credits
9.2400
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
2.4900
3.1200
3.3300
Used Car Loans
3.7400
4.1250
4.5000
1st Mortgage Real Estates
4.5000
4.2000
4.2500
Other Real Estates
4.0000
4.0000
4.7000

Town & Country 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 Town & Country 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
Yes
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
Yes
View Account History
Yes
No

As a community financial institution, Town & Country Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Forest Avenue Branch
426 Forest Ave
Portland, ME 04101-2030
Phone:207-347-2386

Main Street Branch
557 Main St
South Portland, ME 04106-5408
Phone:207-773-5656

Millcreek Branch
170 Ocean St
South Portland, ME 04106-3624
Phone:207-767-7419

Northgate Branch
3 Auburn St
Portland, ME 04103
Phone:207-878-0352

Saco Branch
52 Elm St
Saco, ME 04072-2735
Phone:207-284-8541

Scarborough Branch
257 Us Route 1
Scarborough, ME 04074
Phone:207-883-7751

Scarborough Operations Center
Main Office

32 Little Dolphin Drive
Scarborough, ME 04074
Phone:207-773-5656

(207) 772-3624

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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