Down East Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.50%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.39%

Our Rating

3.6 / 5

Valley National Bank

High-Yield Savings Account Via Raisin

See Offer

Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

4.25%

Our Rating

3.7 / 5

Sallie Mae Bank

14 Month High-Yield CD Via Raisin

See Offer

Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.downeastcu.com

207-427-333

23 Third Ave
Baileyville, ME 04694

Down East Credit Union is headquartered in Baileyville and is the 15^th largest credit union in the state of Maine. It is also the 1,046^th largest credit union in the nation. It was established in 1941 and as of December of 2024, it had grown to 89 employees and 23,287 members at 8 locations. Down East Credit Union's money market rates are 7X the national average, and it has an A health rating.

Field of Membership Restrictions

Down East Credit Union open to those who live, work, worship, or attend school in the Maine counties of Hancock, Kennebec, Knox, Lincoln, Penobscot, Sagadahoc, Waldo, or Washington, along with the Cumberland County towns of Brunswick and Harpswell. Membership eligibility is also extended to include the family members of current credit union members.
See current membership details

Reviews (1)

Write a Review

Excellent Service

Posted by: Oilbug | Jan 17, 2025

Very pleased with attentive, knowledgeable staff. Always an excellent satisfying experience (mostly in person) and also by phone. Highly recommended!

Comment

Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #	68563
Year Chartered	1941
Employees	89
Primary Regulator

Profit Margin
Return on Assets - YTD	0.21%
Return on Equity - YTD	2.24%
Annual Interest Income	$15.2MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$287.9MM$265MM
Loans	Q4 2024vs Q4 2023	$248.2MM$226.6MM
Deposits	Q4 2024vs Q4 2023	$258.1MM$235.2MM
Equity Capital	Q4 2024vs Q4 2023	$27.2MM$26.5MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$3.2MM$3.6MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$1.2MM$1.3MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.50%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.39%

Our Rating

3.6 / 5

Valley National Bank

High-Yield Savings Account Via Raisin

See Offer

Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

4.25%

Our Rating

3.7 / 5

Sallie Mae Bank

14 Month High-Yield CD Via Raisin

See Offer

Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Down East Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Down East Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$5	-	Share Savings Account
0.05%	$0	-	Christmas Club Account
0.05%	$0	-	Vacation Club Account

Down East Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%^*	$500k^*	-	Money Market Account
OTHER TIERS: 2.00% → $2.5k - $50k \| 2.25% → $50k - $100k \| 2.50% → $100k - $500k
3.00%^*	$500k^*	-	Money Management
OTHER TIERS: 2.00% → $2.5k - $50k \| 2.25% → $50k - $100k \| 2.50% → $100k - $500k

Down East Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$2.5k	-	Commercial Share Draft Account
0.05%	$0	-	Secure Checking

Down East Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$500	-	6 Month Share Certificate
3.75%	$500	-	1 Year Share Certificate
3.75%	$10	-	1 Year Sow & Grow Share Certificate
3.75%	$2	-	1 Year Youth Sow & Grow Share Certificate
3.40%	$500	-	2 Year Share Certificate
3.40%	$10	-	2 Year Sow & Grow Share Certificate
3.25%	$500	-	3 Year Share Certificate
3.25%	$500	-	4 Year Share Certificate
3.25%	$500	-	5 Year Share Certificate

Down East Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$500	-	6 Month IRA Certificate
3.75%	$500	-	1 Year IRA Certificate
3.40%	$500	-	2 Year IRA Certificate
3.25%	$500	-	3 Year IRA Certificate
3.25%	$500	-	4 Year IRA Certificate
3.25%	$500	-	5 Year IRA Certificate
0.25%	$0	-	IRA Savings Account

Locations

Down East Credit Union Locations
Branch Office	92 Lincolnville Ave	Belfast, ME 04915
Branch Office	151 Main St	Richmond, ME 04357
Branch Office	23 Third Ave	Baileyville, ME 04694
Branch Office	254 North St	Calais, ME 04619-1620
Branch Office	460 Wilson St Ste 1	Brewer, ME 04412-1417
Branch Office	58 School St	Unity, ME 04988
Branch Office	94 Main St	Topsham, ME 04086
Branch Office	211 Main St	Machias, ME 04654

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