Data Source: NCUA, December 31, 2016
Truchoice Federal Credit Union was founded in 1955. Headquartered in Portland, Maine, Truchoice 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). Truchoice 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, Truchoice Federal Credit Union services 11,976 members through its 5 offices and branches and 39 full-time and 2 part-time employees. It has $111,944,931 of total assets and $12,619,513 of net worth. Based on its asset size and net worth ratio, Truchoice Federal Credit Union is classified as a Well Capitalized medium large credit union.
Truchoice 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. Truchoice Federal Credit Union also provides an array of services to its members and local communities. Truchoice Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Truchoice 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 (%)
Major Loan Accounts and Interest Rates (%)
Truchoice 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 Truchoice Federal Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Truchoice Federal Credit Union actively involves in local communities by prliding services such as first tim home buyer programs.
Community and other Service Offerings
779 Narragansett Trl
Buxton, ME 04093
332 Cummings Rd
South Portland, ME 04106
Park Ave Branch
272 Park Ave
Portland, ME 04102-2912
2211 Congress St
Portland, ME 04102