About Us
History of Franklin-Somerset Federal Credit Union Charter #15159
Franklin-Somerset Federal Credit Union’s humble beginnings began as Bass Shoe Federal Credit Union with 8 members – six women and two men, each with a share of $5.00, on August 6, 1962. Since then, our charter has changed a bit and our field of membership grown. In the seventies, Bass Shoe Federal Credit Union became Wilton Community, then Franklin County Federal Credit Union. The eighties saw Bennett Importing FCU and Mt. Blue FCU merging with Franklin County Federal Credit Union, and a new branch built in Kingfield. Skowhegan Community FCU merged with Franklin County in 2000, and Madison-Anson followed in 2002, for our present day field of membership to include all of Franklin and Somerset Counties. Our current branch locations are Farmington, Kingfield, Stratton, Skowhegan, and Madison – and we have an Operations Center in Madison as well. We now have over 10,700 members in our credit union family!
Fraud is an ever-present threat, and protecting members from scams remains a top priority for both the League and Maine’s credit unions. Some points to remember:
(S) Stop and think before you act. Urgency is a warning sign of a scam. Don’t rush—scammers pressure you to act quickly and make payments without taking the time to think the situation through.
(C) Confirm the source. Verify who’s really contacting you—through trusted numbers or websites.
(A) Avoid sharing personal information. Never provide personal information like your birthday, Social Security number, or mother’s maiden name in response to a call, text, or email—especially if it’s unsolicited.
(M) Monitor your accounts regularly. Check your statements and online and mobile banking often for suspicious activity.
Watch a video on how to help protect yourself from fraud and scams here.
