Capital Area Federal Credit Union
Overview / Commentary
Capital Area Federal Credit Union is headquartered in Augusta and is the 44th largest credit union in the state of Maine. It is also the 2,176th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 14 employees and 4,027 members at 1 location. Capital Area Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Capital Area Federal Credit Union is open to those who live, work, worship, or attend school, or a business and/or other legal entities located in the Maine counties of Kennebec, Lincoln, or Waldo. Family and household members of a current member are eligible to join.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Capital Area Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9919 |
| Year Chartered | 1954 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.54% |
| Return on Equity - YTD | 9.11% |
| Annual Interest Income | $976K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $67.9MM$64.3MM |
| Loans | Q1 2025vs Q1 2024 | $52.8MM$53.3MM |
| Deposits | Q1 2025vs Q1 2024 | $55.6MM$53.4MM |
| Equity Capital | Q1 2025vs Q1 2024 | $11.3MM$10.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $345K$292K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $110K$51K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$115K |