Lisbon Community Credit Union is headquartered in Lisbon and is the 29th largest credit union in the state of Maine. It is also the 1,676th largest credit union in the nation. It was established in 1959 and as of December of 2013, it had grown to 26 employees and 8,279 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
Data for Q4 2013
Institution Health
Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Lisbon Community Credit Union had $697,000 in non-current loans and owned real-estate with $9.91 million in equity and loan loss allowances on hand to cover it. This gives Lisbon Community Credit Union a Texas Ratio of 7.03% 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 experienced no significant changes from 5.28% as of December 31, 2012 to 7.03% as of December 31, 2013, resulting in a negative change of 33.10%. This indicates that the balance sheet and financial strength for Lisbon Community Credit Union has had no significant changes in recent periods.
Deposit Growth
In the past year, Lisbon Community Credit Union has increased its total deposits by $6 million, resulting in 8.86% 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 $83.52 million in assets with $9.91 million in equity, resulting in a capitalization level of 11.87%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 13190 |
| Year Chartered | 1959 |
| Employees | 26 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $83.52 million |
| Loans | $55.11 million |
| Deposits | $73.69 million |
| Equity Capital | $9.56 million |
| Loan Loss Allowance | $348,000 |
| Unbacked Noncurrent Loans | $588,000 |
| Real Estate Owned | $109,000 |
| Historic Data - December 2012 | |
|---|---|
| Assets | $77.31 million |
| Equity Capital | $9.33 million |
| Loan Loss Allowance | $355,000 |
| Unbacked Noncurrent Loans | $588,000 |
| Real Estate Owned | $25,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 4.59% |
| Return on Assets | 0.27% |
| Return on Equity | 2.36% |
| Interest Income | $2.94 million |
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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 (Traditional,Roth,CESA) | |
| 1.00% | $1k | - | 3 Year IRA Certificate (Traditional,Roth,CESA) | |
| 0.65% | $1k | - | 2 Year IRA Certificate (Traditional,Roth,CESA) | |
| 0.55% | $1k | - | 18 Month IRA Certificate (Traditional,Roth,CESA) | |
| 0.45% | $1k | - | 12 Month IRA Certificate (Traditional,Roth,CESA) | |
| 0.30% | $1k | - | 6 Month IRA Certificate (Traditional,Roth,CESA) |
| Lisbon Community Credit Union Locations | ||
|---|---|---|
| Branch Office | 325 Lisbon St | Lisbon, ME 04250-6865 |
| Branch Office | 802 Sabattus St | Lewiston, ME 04240 |