Franklin-Somerset
Franklin-Somerset is a credit union based in Madison, Maine, established in 1962, with $152 million in total assets serving 10,005 members. By Trust Grade it ranks 8th of 48 credit unions we track in Maine. Its net worth ratio of 12.4% is stronger than 65% of similarly sized credit unions, versus a Maine median of 10.9%. It was profitable over the most recent period, with a 1.16% return on assets. No consumer complaints against Franklin-Somerset appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Franklin-Somerset compares to Maine peers
How we graded Franklin-Somerset
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.4% capital ratio)
- Strongly profitable (ROA 1.16%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Franklin-Somerset over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Franklin-Somerset insured?
Yes. Franklin-Somerset is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Franklin-Somerset: frequently asked questions
Is Franklin-Somerset a good credit union?
Franklin-Somerset earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (12.4% capital ratio); Strongly profitable (ROA 1.16%).
Is Franklin-Somerset NCUA-insured?
Yes. Franklin-Somerset is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Franklin-Somerset?
Franklin-Somerset holds $152 million in total assets, ranking 8th of 48 credit unions we track in Maine. It serves 10,005 members.
Does Franklin-Somerset have CFPB complaints?
No CFPB complaints against Franklin-Somerset appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
