EIN 01-6028792

University Credit Union (UCU)

IRS 501(c) type
501(c)(14)
Num. employees
113
City
State
Year formed
1967
Most recent tax filings
2022-12-01
Description
University Credit Union is a unique financial solution for students, employees and alumni of Maine's University System, as well as their family members. They are a local, not-for-profit financial institution focused on serving their members.
Related structure
UCU is a child organization, under an unknown parent.
Total revenues
$21,065,584
2022
Total expenses
$17,883,590
2022
Total assets
$459,586,136
2022
Num. employees
113
2022

Program areas at UCU

The Credit Union has 28,401 members as of 12/31/2022. Members have access to a wide variety of low cost, high quality services.

Grants made by UCU

GranteeGrant descriptionAmount
University of Maine FoundationCharitable Support$20,000
University of Maine SystemCharitable Support$12,000

Personnel at UCU

NameTitleCompensation
Ouellette Renee DPresident and Chief Executive Officer$351,591
Bob WilliamsChief Financial Officer
Beck StephanieVice President of Marketing$139,289
Young StaceyVice President of Member Services - Thru Nov$119,184
Rucker KyleMortgage Origination Manager$125,263
...and 17 more key personnel

Financials for UCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$19,781,608
Investment income and dividends$1,173,974
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$110,002
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,065,584

Form 990s for UCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-22990View PDF
2021-122022-06-16990View PDF
2020-122021-06-30990View PDF
2019-122020-10-16990View PDF
2018-122020-02-10990View PDF
...and 10 more Form 990s

Organizations like UCU

OrganizationLocationRevenue
Saco Valley Credit UnionSaco, ME$6,289,921
Maine State Credit UnionAugusta, ME$24,248,381
cPort Credit UnionPortland, ME$26,576,030
Peopleschoice Credit UnionSaco, ME$16,021,690
Five County Credit UnionBath, ME$19,031,105
Community Credit UnionLewiston, ME$6,012,945
Westmark Credit UnionIdaho Falls, ID$56,814,454
First Commerce Credit UnionTallahassee, FL$49,452,473
Memphis City Employees Credit UnionMemphis, TN$23,689,199
First Community Credit Union of HoustonHouston, TX$98,421,005
Data update history
October 15, 2023
Updated personnel
Identified 5 new personnel
October 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Used new vendors
Identified 2 new vendors, including , and
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 12, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
15 Main St
Orono, ME 04473
Metro area
Bangor, ME
County
Penobscot County, ME
Website URL
ucumaine.com/ 
Phone
(800) 696-8628
Facebook page
UCUMaine 
Twitter profile
@ucu_maine 
IRS details
EIN
01-6028792
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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