Franklin-Somerset Credit Union Stratton ME | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Franklin-somerset, your trusted community credit union located at 104 Main Street, Stratton, ME 04982. Established in 1962, we have proudly served our members for over six decades, fostering a spirit of cooperation and financial well-being in our vibrant community. With a total membership of 10,060 and assets exceeding $136 million, we are dedicated to helping you achieve your financial goals. At Franklin-somerset, we believe that every member deserves personalized service tailored to their unique needs. Our comprehensive offerings include personal banking solutions like checking and savings accounts, auto loans, mortgage options, and even business banking services. Whether you're looking to purchase a new vehicle with one of our 4,537 loans or seeking guidance on debt consolidation, our knowledgeable staff is here to assist you. We pride ourselves on our strong financial health, boasting total deposits of $18,755,016 and a net worth of $16,927,228. This stability allows us to offer competitive rates and reliable services designed with your best interests in mind. Under the leadership of CEO Beverly Knapp and Board President Paula Sansouci, our team of 38 employees is committed to making your banking experience as seamless as possible. While members can visit us at our Stratton branch for all their banking needs, official correspondence should be directed to the same address. For any inquiries or assistance, don't hesitate to reach out by calling us at 207-612-5455. We're here to help! Explore more about how Franklin-somerset can support your financial journey by visiting our website at www.f-sfcu.com. Join us today and experience the difference that a member-focused credit union can make in your life!

Branch History & Mission

Welcome to the heart of the community at Franklin-somerset, where our story began in 1962. Located at 104 Main Street, Stratton, ME 04982, we have been a trusted financial partner for over six decades, growing alongside our members and adapting to their needs. With a mission to provide exceptional financial services while supporting our local community, Franklin-somerset has become a cornerstone for residents in Stratton and beyond. Since our inception, we have proudly served over 10,060 members, helping them achieve their financial goals. Our total assets currently stand at an impressive $136,019,441, showcasing our stability and commitment to providing secure banking solutions. We believe that everyone deserves access to quality financial services, which is why we offer a variety of products ranging from personal checking and savings accounts to auto loans and business banking solutions. At Franklin-somerset, our mission is straightforward: we aim to empower our members through excellent service and community support. We believe that when our members thrive, so does the entire community. This ethos drives us to engage in various outreach efforts and partnerships with local organizations, ensuring that we are not just a bank but an active participant in fostering growth within Stratton. While you can visit us at 104 Main Street, official correspondence should be sent to 104 MAIN STREET, STRATTON, ME 4982 if needed. Our branch operates with convenient hours open from 9 AM to 2 PM on Mondays, Tuesdays, and Thursdays; 9 AM to 5 PM on Fridays; and closed on Wednesdays making it easy for you to connect with us when it matters most. As we look toward the future, we continue embracing digital advancements that enhance your banking experience. From online banking and mobile payments to person-to-person transfers, we strive to make managing your finances simple and efficient. Although we do not currently offer ATM or drive-thru services at this location, our friendly staff is always ready to assist you in person. Join us on this journey! Become part of the Franklin-somerset family today and experience firsthand how we can help you reach your financial aspirations while giving back to the vibrant community of Stratton. Visit our website at Franklin-somerset or call us at 207-612-5455 for more information. Together, let's build a brighter future!

Branch Location & Accessibility

Accessibility Features

At Franklin-somerset, we prioritize accessibility for all our members. Our branch is fully compliant with ADA standards, featuring ramps and accessible entrances to ensure everyone can visit us comfortably. Ample parking is available right outside our doors, so you won't have to worry about finding a spot when you arrive.

Call to Action

Ready to experience exceptional service? We invite you to visit us at the Franklin-somerset branch today! For any questions or assistance before your visit, feel free to give us a call at 207-612-5455. We look forward to welcoming you soon!

Operating Hours

We understand that your time is valuable. That's why we offer convenient operating hours: join us from 9 AM to 2 PM on Monday, Tuesday, and Thursday, and from 9 AM to 5 PM on Friday. Please note that we are closed on Wednesdays. Whether you need assistance with personal banking or just want to chat with our team, we're ready to help during these hours.

Services Offered

At our Franklin-somerset branch, we provide a range of services designed for your financial well-being. From checking and savings accounts to auto loans and mortgage refinancing options, we've got you covered. If you're looking for business banking solutions or need help with online and mobile banking, our knowledgeable staff is here to assist you every step of the way.

Member Eligibility

Becoming a member of Franklin-somerset is like stepping into a welcoming community where your financial needs are truly understood and supported. If you live, work, worship, or attend school in Franklin County, you're already eligible to join us! Our goal is to provide you with the tools and resources for your financial journey, whether it's opening a checking account, securing a loan, or simply saving for the future. You can easily find more information about eligibility by visiting our detailed page. We're excited to offer you access to a range of benefits that come with membership, from lower fees to better rates on loans and savings. Opening an account is straightforward and hassle-free. Just swing by our branch located at 104 Main Street Stratton Me 04982, give us a call at (207) 612-5455, or check out our online resources to get started. At Franklin-somerset, we pride ourselves on making banking personal and accessible for everyone in our community. Join us today and experience the difference of being part of something special!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $13 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $1,143,012, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer merchant services that make daily operations smoother. Picture this: a small café using our payment solutions to easily accept credit cards, providing a hassle-free experience for customers while keeping track of sales effortlessly. Our tailored services help streamline transactions and improve customer satisfaction. If you're seeking flexible financing solutions or need assistance with payment processing, visit us at 104 Main Street Stratton Me 04982 in Stratton, ME. Let's work together to take your business to the next level! For more information, call us at (207) 612-5455.

Comprehensive List Of Services

Business Services

If you're a business owner, you'll find valuable support at Franklin-somerset. Our Business Banking services include merchant services and business loans that cater specifically to your entrepreneurial needs. We aim to help you thrive by offering the tools necessary for successful operations.

Convenience at Your Fingertips

In today's fast-paced world, having access to your finances digitally is essential. At Franklin-somerset, we provide robust online and mobile banking features that allow you to pay bills, transfer funds, and even make person-to-person payments with ease. With no ATMs or drive-thru services available at this branch, we focus on enhancing your digital experience instead.

Credit Options

We also know how important it is to have access to credit when you need it. That's where our Credit Cards with Rewards come in. Enjoy benefits like cashback on purchases while managing your spending effectively.

Get in Touch!

We invite you to visit us at 104 Main Street, Stratton, ME 04982, or call us at 207-612-5455 for more information about any of these services. Our friendly team is here to assist you with all your financial needs. Discover how Franklin-somerset can support you on your path to financial well-being today!

Loans and Financing

Thinking about purchasing a new car? Our Auto Loans & Vehicle Financing programs offer competitive rates and flexible terms to help you hit the road with confidence. If homeownership is on your horizon, explore our Mortgage Loans & Refinancing services that can guide you through the process smoothly. For those facing unexpected expenses or planning significant purchases, our Personal Loans & Debt Consolidation options are designed to simplify financing while keeping your budget in check.

Personal Banking

For those looking to manage their day-to-day finances, our Personal Banking options include checking and savings accounts tailored for your lifestyle. Whether you're saving for a vacation or just need a reliable account for daily spending, we have the right solutions. Imagine easily tracking your expenses through our Online & Mobile Banking a feature that lets you access your accounts anytime, anywhere, making banking as convenient as possible.

Digital & Online Banking

Mobile Banking Features

For those who prefer banking on their smartphones, our mobile application is here to help. Download it today for easy access to features like person-to-person transfers, allowing you to send money directly to friends or family members with just their phone number or email address. Plus, if you enjoy using mobile payments, you'll be glad to know that we support this feature as well!

Online Banking Made Easy

With our 24/7 online banking services available at https://www.f-sfcu.com/, you can check your account balances, transfer funds, and view transaction history whenever you need to. No more waiting until business hours! Our user-friendly platform allows you to handle all your banking tasks with just a few clicks.

Stay Informed and Secure

Stay organized and informed with e-statements that keep your financial information at your fingertips. With Yes, you can receive statements electronically, saving paper and making it easier to track your spending. Security is a priority for us; while we currently do not offer electronic signature authorization, rest assured that all your transactions are protected by robust encryption measures. At Franklin-somerset, we believe that banking should be as straightforward as possible. That's why our digital tools are designed for ease of use, so you can focus on what matters most your life! Whether you're paying bills or checking balances during a lunch break, we're here to make sure your banking experience is smooth and secure.

Financial Strength

Member-Centric Savings Options

Members' savings are secured through $23,291,627 in share certificates and $7,549,912 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $438,414 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 36 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvesting in Your Future

With $15,794,872 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust with $1,494 in used auto loans and $63,603,151 in total loans and leases, supporting members' financial goals across various sectors.

Strong Financial Health

With a net worth of $16,927,228, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.44% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trustworthy Partnership

Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Franklin-somerset is your trusted partner. Visit us at 104 Main Street Stratton Me 04982 or call (207) 612-5455 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans provide some of the lowest rates in the industry. We have already issued over $28,975,488 in total auto loans, which includes $8,832,484 in new vehicle loans and $28,575,424 in used vehicle loans. This means you can trust us to help you get on the road with confidence.

Business Loans

For business owners seeking growth opportunities, our outstanding commercial loans total $1,143,012. These funds can provide the capital needed to expand your business operations or invest in new projects. If you're interested in refinancing options or checking eligibility for any of our loan products, please reach out to us directly at 207-612-5455. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Visit us at our branch located at 104 Main Street, Stratton ME 04982, where our dedicated team is ready to assist you with all your lending needs!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $2,302,369. Our team is ready to guide you through the process so you can focus on making your new house a home.

Unsecured Credit Card Loans

For those looking for flexible financing options, we also offer unsecured credit card loans. While our total for these loans currently stands at $0, our approach to personal finance remains focused on providing accessible solutions for managing expenses and building credit.

Loan Aggregator

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Ensuring Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures that the offers presented are not only fair but also transparent. By relying on verified institutions, LendMesh guarantees that users receive legitimate loan options without hidden agendas.

FRANKLIN SOMERSET FEDERAL CREDIT UNION - Stratton, ME

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