Lisbon Community Credit Union
Lisbon Community Credit Union is headquartered in Lisbon and is the 29th largest credit union in the state of Maine. It is also the 1,700th largest credit union in the nation. It was established in 1959 and as of March of 2014, it had grown to 25 employees and 8,382 members. Lisbon Community Credit Union has a A health rating.
Field of Membership Restrictions
Must live, work, worship or attend school in any of 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. - See Details
Wonderful people to work with
The Lisbon Community Credit Union is staffed by knowledgeable and pleasant people. When I had a misunderstanding that caused an overdraft, they removed the fee with no questions asked. They know me by face and are on a first-name basis, which is pretty impressive considering the number of customers they have and how infrequently I go there in person.
Their rates and fees are very reasonable, their facilities well-maintained, their people trustworthy and their services excellent. What more could you want?
An excellent place to bank
Lisbon Community Credit Union is an outstanding place to bank. I have had an account with them for over 20 years and they have the best customer service of any financial institution I've ever used. They know me by face and first name, in spite of the fact that I rarely need to visit a branch in person. They have helped me out many times, excusing the occasional overdraft fee and making sure I knew what to do when unexplained charges appeared on my account. Can't say enough about these good folks!
Data for Q1 2014
Institution Health
Texas Ratio
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 Lisbon Community Credit Union had $266,000 in non-current loans and owned real-estate with $9.98 million in equity and loan loss allowances on hand to cover it. This gives Lisbon Community Credit Union a Texas Ratio of 2.67% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Lisbon Community Credit Union decreased dramatically from 4.08% as of March 31, 2013 to 2.67% as of March 31, 2014, resulting in a positive change of 34.62%.This indicates that the balance sheet and financial strength for Lisbon Community Credit Union has improved dramatically in recent periods.
Deposit Growth
In the past year, Lisbon Community Credit Union has increased its total deposits by $4.12 million, resulting in 5.85% 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 Lisbon Community Credit Union has shown is excellent.
Capitalization
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. Lisbon Community Credit Union has $84.4 million in assets with $9.98 million in equity, resulting in a capitalization level of 11.82%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 13190 |
| Year Chartered | 1959 |
| Employees | 25 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $84.40 million |
| Loans | $54.88 million |
| Deposits | $74.58 million |
| Equity Capital | $9.61 million |
| Loan Loss Allowance | $368,000 |
| Unbacked Noncurrent Loans | $157,000 |
| Real Estate Owned | $109,000 |
| Historic Data - March 2013 | |
|---|---|
| Assets | $80.14 million |
| Equity Capital | $9.42 million |
| Loan Loss Allowance | $340,000 |
| Unbacked Noncurrent Loans | $157,000 |
| Real Estate Owned | $25,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 1.15% |
| Return on Assets | 0.23% |
| Return on Equity | 2% |
| Interest Income | $730,000 |
Always verify rates and promotions with the bank or credit union. We are not Lisbon Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.
Lisbon Community Credit Union Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.35% | $100k | - | Health Savings Account | |
| 0.35% | $100k | - | IRA Share Account | |
| 0.35% | $100k | - | Roth IRA Share Account | |
| 0.35% | $100k | - | Coverdell Education Savings Account | |
| 0.10% | $25 | - | Primary Share Savings Account | |
| 0.10% | - | - | All-Purpose Club Account | |
| 0.10% | $25 | - | FOCUS Account | |
| 0.10% | - | - | Monty Moose Account | |
| 0.10% | - | - | Holiday Club Account | |
| 0.10% | - | - | Vacation Club Account |
Lisbon Community Credit Union Money Market Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.35% | $100k | - | Money Market Account |
Lisbon Community Credit Union Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.25% | $100k | - | Ultimate Checking Account | |
| 0.05% | - | - | Basic "On The Move" free4ME Checking Account |
Lisbon Community Credit Union CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.51% | $1k | - | 5 Year Share Certificate | |
| 1.00% | $1k | - | 3 Year Share Certificate | |
| 0.65% | $1k | - | 2 Year Share Certificate | |
| 0.55% | $1k | - | 18 Month Share Certificate | |
| 0.45% | $1k | - | 12 Month Share Certificate | |
| 0.30% | $1k | - | 6 Month Share Certificate |
Lisbon Community Credit Union IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 1.51% | $1k | - | 5 Year IRA Certificate | |
| 1.00% | $1k | - | 3 Year IRA Certificate | |
| 0.65% | $1k | - | 2 Year IRA Certificate | |
| 0.55% | $1k | - | 18 Month IRA Certificate | |
| 0.45% | $1k | - | 12 Month IRA Certificate | |
| 0.30% | $1k | - | 6 Month IRA Certificate |
| Lisbon Community Credit Union Locations | ||
|---|---|---|
| Branch Office | 325 Lisbon St | Lisbon, ME 04250-6865 |
| Branch Office | 802 Sabattus St | Lewiston, ME 04240 |