University Credit Union (ME)

139 Rangeley Rd
Orono, ME 04469
(207) 889-8500
www.ucu.maine.edu

NCUA

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University Credit Union (ME) is headquartered in Orono and is the 7^th largest credit union in the state of Maine. It is also the 857^th largest credit union in the nation. It was established in 1967 and as of December of 2012, it had grown to 77 employees and 22,887 members. University Credit Union (ME)'s savings rates are 94% higher than the national average, and it has a 4-star health rating.

University Credit Union Drops Rewardu Checking Rate From 4.01 To 3.01, Lowers Cap From $25K To $10K (Forum) - 1/7/2011

Effective 12/1/2010

4.01% Reward Checking Account at University Credit Union in Maine - Local Only - 9/14/2009

University Credit Union (UCU) is offering a reward checking account called rewardU Checking. The account has the following rates and features if certain monthly requirements are met:4.01% APY on balances up to $25,0001.01% on portion of balances above...

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

University Credit Union (ME) Checking Account Rates

Apy	Min	Max	Product
2.01%	-	$10k	rewardU checking
1.00%	-	-	IOLTA Checking
1.00%	-	-	Realtor Trust Checking
0.20%	$10k	-	Premier Checking

University Credit Union (ME) Savings Account Rates

Apy	Min	Max	Product
1.01%	-	$15k	rewardU saver
0.40%	$100k	-	IRA
0.40%	$10k	-	Emergency Savings Account
0.40%	$100k	-	Roth IRA
0.40%	$100k	-	CESA
0.40%	$10k	-	Health Savings Account
0.15%	$2k	-	Super Shares
0.10%	$25	-	Prime Share
0.10%	-	-	Holiday Club
0.10%	-	-	All Purpose Club
0.10%	-	-	Achievement Account
0.10%	-	-	Monty Moose Account
0.08%	-	-	Escrows

University Credit Union (ME) Money Market Rates

Apy	Min	Max	Product
0.40%	$100k	-	Preferred Money Market
0.20%	$5k	-	Money Market

University Credit Union (ME) CD Rates

Apy	Min	Max	Product
1.20%	$500	-	60 Month CD
1.20%	$250	-	60 Month Monty Moose CD
0.90%	$500	-	48 Month CD
0.90%	$250	-	48 Month Monty Moose CD
0.75%	$500	-	36 Month CD
0.75%	$250	-	36 Month Monty Moose CD
0.65%	$2,500	-	30 Month CD Special
0.65%	$250	-	30 Month Monty Moose CD Special
0.55%	$500	-	24 Month CD
0.55%	$250	-	24 Month Monty Moose CD
0.40%	$500	-	18 Month CD
0.40%	$250	-	18 Month Monty Moose CD
0.35%	$1,500	-	8 Month CD Special
0.35%	$250	-	8 Month Monty Moose CD Special
0.30%	$500	-	12 Month CD
0.30%	$250	-	12 Month Monty Moose CD
0.20%	$500	-	6 Month CD
0.20%	$250	-	6 Month Monty Moose CD

University Credit Union (ME) IRA Rates

Apy	Min	Max	Product
1.20%	$500	-	60 Month IRA
1.20%	$500	-	60 Month Roth IRA
1.20%	$500	-	60 Month CESA
0.90%	$500	-	48 Month IRA
0.90%	$500	-	48 Month Roth IRA
0.90%	$500	-	48 Month CESA
0.75%	$500	-	36 Month IRA
0.75%	$500	-	36 Month Roth IRA
0.75%	$500	-	36 Month CESA
0.65%	$2,500	-	30 Month IRA Special
0.65%	$2,500	-	30 Month Roth IRA Special
0.65%	$2,500	-	30 Month CESA Special
0.55%	$500	-	24 Month IRA
0.55%	$500	-	24 Month Roth IRA
0.55%	$500	-	24 Month CESA
0.40%	$500	-	18 Month IRA
0.40%	$500	-	18 Month Roth IRA
0.40%	$500	-	18 Month CESA
0.35%	$1,500	-	8 Month IRA Special
0.35%	$1,500	-	8 Month Roth IRA Special
0.35%	$1,500	-	8 Month CESA Special
0.30%	$500	-	12 Month IRA
0.30%	$500	-	12 Month Roth IRA
0.30%	$500	-	12 Month CESA
0.20%	$500	-	6 Month IRA
0.20%	$500	-	6 Month Roth IRA
0.20%	$500	-	6 Month CESA

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

UNIVERSITY
NCUA #	63133
BankRate Report	View
Year Chartered	1967
Employees	77
Primary Regulator
Assets and Liabilities
Assets	$211.51 million
Loans	$167.31 million
Deposits	$163.18 million
Equity Capital	$20.26 million
Loan Loss Allowance	$907,000
Unbacked Noncurrent Loans	$2.49 million
Historic Data - December 2011
Assets	$192.91 million
Equity Capital	$18.77 million
Loan Loss Allowance	$615,000
Unbacked Noncurrent Loans	$2.02 million
Profit Margin - Quarterly
Net Interest Margin	4.31%
Return on Assets	0.71%
Return on Equity	7.43%
Interest Income	$8.92 million
Non-Interest Income	$4.23 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, 2012 University Credit Union (ME) had $2.49 million in non-current loans and owned real-estate with $21.17 million in equity and loan loss allowances on hand to cover it. This gives University Credit Union (ME) a Texas Ratio of 11.75% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for University Credit Union (ME) held steady from 10.40% as of December 31, 2011 to 11.75% as of December 31, 2012, resulting in a negative change of 12.92%. This indicates that the balance sheet and financial strength for University Credit Union (ME) has held steady in recent periods.
Deposit Growth
In the past year, University Credit Union (ME) has increased its total deposits by $9.36 million, resulting in 6.08% 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 University Credit Union (ME) 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. University Credit Union (ME) has $211.51 million in assets with $21.17 million in equity, resulting in a capitalization level of 10.01%, which is above average.