| Credit Union Charter #2301

Winthrop Area

Maine JSON

Institution Profile

Address: PO BOX 55 WINTHROP, ME 04364-0055

(207) 377-2124

Website:

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NCUA Profile:

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Charter Date:

1/1/1937

Charter Type:

Federal

Branches:

1

Branches by Region
ME 1

Financial Overview

Total Assets
$103.26M
Total Deposits
$90.89M
Total Loans
$56.41M
Members
7,942
Employees
16 15 Full-time / 1 Part-time
Allowance for Loan Losses
$270,624

Performance Ratios

Net Worth Ratio
11.40%
Loan-to-Deposit Ratio
62.06%
Coverage Ratio
0.48% Allowance / Total Loans

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +45.93% Total Deposits: +44.76% Total Loans: +22.34% since 2020 Q1

Member Growth

Member Growth

Members: +7.94% since 2020 Q1

Employee Growth

Employee Growth

Employees: +14.29% since 2020 Q1

Loan Originations

New loans granted per quarter (calculated from YTD figures)

Loans This Year (YTD)
747
Amount This Year (YTD)
$20.98M

Number of Loans per Quarter

Loans Granted: -10.71% since 2020 Q1

Loan Amount per Quarter

Amount Granted: +53.28% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

Used Vehicle
$27.62M 49.0%
1st Mortgages
$14.01M 24.8%
New Vehicle
$7.25M 12.9%
Other Secured
$3.81M 6.8%
HELOCs
$2.69M 4.8%
Other Unsecured
$601,401 1.1%
Credit Card
$427,899 0.8%

Portfolio Distribution

Historical Data Table

QuarterMembersTotal AssetsTotal DepositsTotal LoansEmployees
2025 Q4 7,942 $103.26M $90.89M $56.41M 16
2025 Q3 7,994 $103.03M $90.71M $55.89M 16
2025 Q2 7,984 $101.71M $90.11M $55.73M 16
2025 Q1 7,925 $98.03M $86.72M $55.14M 15
2024 Q4 7,854 $94.17M $83.14M $54.56M 16
2024 Q3 7,919 $93.28M $82.24M $54.41M 15
2024 Q2 7,898 $93.72M $82.76M $53.86M 15
2024 Q1 7,841 $92.19M $81.69M $53.83M 15
2023 Q4 7,792 $89.30M $79.06M $52.80M 15
2023 Q3 7,777 $90.88M $80.76M $52.97M 15
2023 Q2 7,863 $89.93M $80.11M $52.80M 15
2023 Q1 7,810 $91.80M $81.96M $52.01M 15
2022 Q4 7,760 $91.11M $81.66M $51.98M 13
2022 Q3 7,817 $93.27M $83.91M $52.60M 14
2022 Q2 7,805 $93.72M $84.61M $51.34M 13
2022 Q1 7,748 $94.49M $85.46M $49.57M 14
2021 Q4 7,686 $92.64M $83.74M $47.83M 14
2021 Q3 7,687 $90.43M $81.67M $48.04M 14
2021 Q2 7,643 $89.99M $81.36M $46.87M 13
2021 Q1 7,585 $85.08M $76.41M $47.13M 13
2020 Q4 7,499 $80.82M $71.85M $47.14M 13
2020 Q3 7,417 $80.23M $71.57M $47.40M 13
2020 Q2 7,423 $76.31M $68.05M $46.94M 13
2020 Q1 7,358 $70.76M $62.78M $46.11M 14

Interest Rates

Current average rates by loan type

New Vehicle
6.25%
Used Vehicle
6.25%
1st Mortgage (Fixed)
5.75%
HELOC
6.00%
Credit Card
11.50%
Other Unsecured
9.50%