Town & Country Credit Union

Town & Country Credit Union Locations
P O Box 9420
South Portland, ME 041169420
www.tcfcu.com

Town & Country Credit Union is headquartered in South Portland and is the 5th largest credit union in the state of Maine. It is also the 805th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 69 employees and 24,586 members. Town & Country Credit Union has a 4-star health rating.



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Town & Country Credit Union Checking Account Rates

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3.01%-$10kFree Reward Checking

Town & Country Credit Union Savings Account Rates

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0.30%--IRA Account
0.15%$25-Saving Account
0.15%--Youth Saving Account
0.15%--Club Account

Town & Country Credit Union Money Market Rates

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0.40%$100k-Money Market Account

Town & Country Credit Union CD Rates

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1.75%$500-5 Year CD
1.50%$500-40 Month Special CD
1.25%$500-3 Year CD
0.90%$500-2 Year CD
0.60%$500-1 Year CD
0.40%$500-6 Month CD
0.20%$500-3 Month CD

Town & Country Credit Union IRA Rates

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1.75%$500-5 Year IRA
1.75%$500-5 Year Roth IRA
1.75%$500-5 Year CESA
1.50%$500-40 Month Special IRA
1.50%$500-40 Month Special Roth IRA
1.50%$500-40 Month Special CESA
1.25%$500-3 Year IRA
1.25%$500-3 Year Roth IRA
1.25%$500-3 Year CESA
0.90%$500-2 Year IRA
0.90%$500-2 Year Roth IRA
0.90%$500-2 Year CESA
0.60%$500-1 Year IRA
0.60%$500-1 Year Roth IRA
0.60%$500-1 Year CESA
0.40%$500-6 Month IRA
0.40%$500-6 Month Roth IRA
0.40%$500-6 Month CESA
0.20%$500-3 Month IRA
0.20%$500-3 Month Roth IRA
0.20%$500-3 Month CESA

Rates updated: 5/26/2012

Data for Q4 2011


Institution Statistics


TOWN & COUNTRY
NCUA #8486
BankRate ReportView
Year Chartered1953
Employees69
Primary Regulator

Assets and Liabilities

Assets$221.63 million
Loans$177.59 million
Deposits$188.98 million
Equity Capital$19.04 million
Loan Loss Allowance$1.80 million
Unbacked Noncurrent Loans$2.64 million

Historic Data - December 2010

Assets$207.88 million
Equity Capital$17.49 million
Loan Loss Allowance$1.16 million
Unbacked Noncurrent Loans$2.02 million

Profit Margin - Quarterly

Net Interest Margin4.11%
Return on Assets0.77%
Return on Equity8.93%
Interest Income$10.04 million
Non-Interest Income$3.44 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 Town & Country Credit Union had $2.64 million in non-current loans and owned real-estate with $20.84 million in equity and loan loss allowances on hand to cover it. This gives Town & Country Credit Union a Texas Ratio of 12.67% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Town & Country Credit Union held steady from 10.82% as of December 31, 2010 to 12.67% as of December 31, 2011, resulting in a negative change of 17.14%. This indicates that the balance sheet and financial strength for Town & Country Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Town & Country Credit Union has increased its total deposits by $3.64 million, resulting in 1.96% 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 Town & Country Credit Union has shown is above average.
Capitalization3
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. Town & Country Credit Union has $221.63 million in assets with $20.84 million in equity, resulting in a capitalization level of 9.40%, which is average.
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