The LISBON COMMUNITY FEDERAL CREDIT UNION is a not for profit,
full service financial institution owned by and operated for
our Members. The LCFCU was founded in 1959 to serve those who
reside or work in the Lisbon, Lisbon Falls and Durham areas.
Since that time, this federally chartered, federally insured
Credit Union has grown steadily and thoughtfully to keep pace
with the needs of its Members.
Today, our Field of Membership
includes persons who live, work, worship, or attend school
in, and businesses and other legal entities located in the
following towns and cities in the State of Maine: Lewiston,
Auburn, Durham, Lisbon or Sabattus in Androscoggin County;
Bowdoin and Topsham in Sagadahoc County; or Pownal in Cumberland
County.
Mission Statement: "The
Lisbon Community Federal Credit Union is a Member-owned cooperative
whose mission is to be the primary financial institution for
all
Members
through continuous improvement, personalized service and competitive
products while remaining financially secure".
The Credit Union is served by
a Board of Directors consisting of seven volunteers elected
by the Credit Union's Membership.
Importantly, as a Member of the Lisbon Community Federal Credit
Union, you are also an owner. Each Credit Union Member receives
one vote as long as they maintain a $25 minimum balance in their
savings account. Additionally, you may vote on important issues
affecting the Credit Union at the Annual Meeting.
Since the Membership owns the
Credit Union, there are no stockholders. Therefore, we serve
only the people who own the Credit Union.
All Credit Union earnings are returned to Members as dividends
on their savings accounts, competitive loan rates and the cost
of Member service. Each Member's savings are insured to $100,000
by the National Credit Union Administration (NCUA), an agency
of the federal government. Individual Retirement Accounts (IRAs)
are insured to $250,000 by the National Credit Union Administration
(NCUA), an agency of the federal government.
Please feel free to come by the Credit Union, call, fax or e-mail whenever you have any questions or if we can be of any assistance
to you in any way.