Overview / Commentary
Community Credit Union is headquartered in Lewiston and is the 39th largest credit union in the state of Maine. It is also the 1,972nd largest credit union in the nation. It was established in 1945 and as of March of 2021, it had grown to 30 employees and 11,005 members at 2 locations. Community Credit Union has a B+ health rating.
Field of Membership Restrictions
Community Credit Union is open to anyone who lives, works, or attends school in Androscoggin County.
See current membership details
Health
B+
Data as of Q1 2021
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. Community Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63447 |
| Year Chartered | 1945 |
| Employees | 30 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.63% |
| Return on Equity - YTD | 7.68% |
| Annual Interest Income | $700.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $85.5MM$66.7MM |
| Loans | Q1 2021vs Q1 2020 | $53.6MM$46.2MM |
| Deposits | Q1 2021vs Q1 2020 | $78.6MM$60.2MM |
| Equity Capital | Q1 2021vs Q1 2020 | $6.8MM$6.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $217.00K$180.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $284.00K$226.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |