Rainbow Credit Union

PO Box 741
Lewiston, ME 042430741
207-784-5435
www.rainbowfcu.com

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Rainbow Credit Union is headquartered in Lewiston and is the 11^st largest credit union in the state of Maine. It is also the 1,008^th largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 50 employees and 21,093 members. Rainbow Credit Union has a 4-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Rainbow Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	$500	-	Share Draft

Rainbow Credit Union Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	IRA Variable
0.50%	-	-	Roth IRA Variable
0.50%	-	-	CESA Variable
0.15%	$25	-	Shares
0.15%	-	-	Clubs

Rainbow Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$50k	-	Variable Money Market

Rainbow Credit Union CD Rates

Apy	Min	Max	Product
1.87%	$90k	-	5 Year Jumbo CD
1.76%	$500	-	5 Year CD
1.61%	$90k	-	4 Year Jumbo CD
1.51%	$500	-	4 Year CD
1.36%	$90k	-	3 Year Jumbo CD
1.26%	$500	-	3 Year CD
1.11%	$90k	-	2 Year Jumbo CD
1.01%	$500	-	2 Year CD
0.91%	$500	-	15 Month CD
0.81%	$90k	-	1 Year Jumbo CD
0.76%	$500	-	1 Year CD
0.55%	$90k	-	6 Month Jumbo CD
0.50%	$500	-	6 Month CD
0.20%	$500	-	3 Month CD

Rainbow Credit Union IRA Rates

Apy	Min	Max	Product
1.87%	$90k	-	5 Year Jumbo IRA
1.87%	$90k	-	5 Year Jumbo Roth IRA
1.87%	$90k	-	5 Year Jumbo CESA
1.76%	$500	-	5 Year IRA
1.76%	$500	-	5 Year Roth IRA
1.76%	$500	-	5 Year CESA
1.61%	$90k	-	4 Year Jumbo IRA
1.61%	$90k	-	4 Year Jumbo Roth IRA
1.61%	$90k	-	4 Year Jumbo CESA
1.51%	$500	-	4 Year IRA
1.51%	$500	-	4 Year Roth IRA
1.51%	$500	-	4 Year CESA
1.36%	$90k	-	3 Year Jumbo IRA
1.36%	$90k	-	3 Year Jumbo Roth IRA
1.36%	$90k	-	3 Year Jumbo CESA
1.26%	$500	-	3 Year IRA
1.26%	$500	-	3 Year Roth IRA
1.26%	$500	-	3 Year CESA
1.11%	$90k	-	2 Year Jumbo IRA
1.11%	$90k	-	2 Year Jumbo Roth IRA
1.11%	$90k	-	2 Year Jumbo CESA
1.01%	$500	-	2 Year IRA
1.01%	$500	-	2 Year Roth IRA
1.01%	$500	-	2 Year CESA
0.81%	$90k	-	1 Year Jumbo IRA
0.81%	$90k	-	1 Year Jumbo Roth IRA
0.81%	$90k	-	1 Year Jumbo CESA
0.76%	$500	-	1 Year IRA
0.76%	$500	-	1 Year Roth IRA
0.76%	$500	-	1 Year CESA
0.55%	$90k	-	6 Month Jumbo IRA
0.55%	$90k	-	6 Month Jumbo Roth IRA
0.55%	$90k	-	6 Month Jumbo CESA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

RAINBOW
NCUA #	11144
BankRate Report	View
Year Chartered	1956
Employees	50
Primary Regulator
Assets and Liabilities
Assets	$159.65 million
Loans	$86.43 million
Deposits	$125.70 million
Equity Capital	$20.15 million
Loan Loss Allowance	$532,000
Unbacked Noncurrent Loans	$990,000
Real Estate Owned	$227,000
Historic Data - December 2010
Assets	$165.08 million
Equity Capital	$18.91 million
Loan Loss Allowance	$495,000
Unbacked Noncurrent Loans	$624,000
Real Estate Owned	$225,000
Profit Margin - Quarterly
Net Interest Margin	4.93%
Return on Assets	1.01%
Return on Equity	8.01%
Interest Income	$5.63 million
Non-Interest Income	$2.68 million

Institution Health

Overall Score:

4 out of 5

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, 2011 Rainbow Credit Union had $1.22 million in non-current loans and owned real-estate with $20.68 million in equity and loan loss allowances on hand to cover it. This gives Rainbow Credit Union a Texas Ratio of 5.88% 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 Rainbow Credit Union held steady from 4.38% as of December 31, 2010 to 5.88% as of December 31, 2011, resulting in a negative change of 34.51%. This indicates that the balance sheet and financial strength for Rainbow Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Rainbow Credit Union has decreased its total deposits by -$6.81 million, resulting in -5.14% 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 Rainbow Credit Union has shown is poor.
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. Rainbow Credit Union has $159.65 million in assets with $20.68 million in equity, resulting in a capitalization level of 12.95%, which is excellent.

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