Eastern Maine Medical Center Credit Union is headquartered in Bangor and is the 46th largest credit union in the state of Maine. It is also the 2,412st largest credit union in the nation. It was established in 1979 and as of March of 2014, it had grown to 11 employees and 4,725 members. Eastern Maine Medical Center Credit Union has a B health rating.
Must work at EMMC or any of its affiliate companies. - See Details
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The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Eastern Maine Medical Center Credit Union had $0 in non-current loans and owned real-estate with $4.52 million in equity and loan loss allowances on hand to cover it. This gives Eastern Maine Medical Center Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Eastern Maine Medical Center Credit Union has decreased its total deposits by $-868,000, resulting in -2.08% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Eastern Maine Medical Center Credit Union has shown is average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Eastern Maine Medical Center Credit Union has $45.64 million in assets with $4.52 million in equity, resulting in a capitalization level of 9.90%, which is above average.
|Assets and Liabilities|
|Equity Capital||$4.46 million|
|Loan Loss Allowance||$55,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Equity Capital||$4.41 million|
|Loan Loss Allowance||$48,000|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||1.14%|
|Return on Assets||0.05%|
|Return on Equity||0.54%|
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|0.15%||-||-||Roth IRA Club|
|0.15%||-||-||Education IRA Club|
|0.10%||$25||-||Share Savings Account|
|0.10%||-||-||Christmas Club Account|
|0.10%||-||-||Vacation Club Account|
|0.10%||$25||-||Monty Moose Account|
|0.10%||-||-||All-Purpose Club Account|
|0.35%||$15k||-||Money Market Account|
|1.16%||$1k||-||36 Month One Time Step-Up Share Certificate|
|1.16%||$500||-||36 Month One Time Step-Up Youth Share Certificate|
|0.65%||$1k||-||24 Month Share Certificate|
|0.65%||$500||-||24 Month Youth Share Certificate|
|0.45%||$1k||-||18 Month Share Certificate|
|0.45%||$500||-||18 Month Youth Share Certificate|
|0.35%||$1k||-||12 Month Share Certificate|
|0.35%||$500||-||12 Month Youth Share Certificate|
|0.25%||$1k||-||6 Month Share Certificate|
|0.25%||$500||-||6 Month Youth Share Certificate|
|1.16%||$1k||-||36 Month One Time Step-Up IRA Certificate|
|0.65%||$1k||-||24 Month IRA Certificate|
|0.45%||$1k||-||18 Month IRA Certificate|
|0.35%||$1k||-||12 Month IRA Certificate|
|0.25%||$1k||-||6 Month IRA Certificate|
|Eastern Maine Medical Center Credit Union Locations|
|Branch Office||43 Whiting Hill Rd||Brewer, ME 04412|
|Branch Office||849 Stillwater Ave||Bangor, ME 04401|
|Branch Office||417 State St Ste 140||Bangor, ME 04401|