Advertising Disclosure
  1. Home
  2. Banks
  3. Down East Credit Union

Down East Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 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
Bonus Amount
up to $300
Our Rating
4.2  / 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 15th largest credit union in the state of Maine. It is also the 1,045th largest credit union in the nation. It was established in 1941 and as of March of 2025, it had grown to 86 employees and 23,287 members at 8 locations. Down East Credit Union's money market rates are 6X 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)

Excellent Service

Posted by: |

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

1


Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #68563
Year Chartered1941
Employees86
Primary Regulator
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD6.49%
Annual Interest Income$4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$295.6MM$284.8MM
LoansQ1 2025vs Q1 2024$252.2MM$234MM
DepositsQ1 2025vs Q1 2024$265MM$254.1MM
Equity CapitalQ1 2025vs Q1 2024$27.7MM$26.7MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3MM$3.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$946K$718K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 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
Bonus Amount
up to $300
Our Rating
4.2  / 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
Skip to rates for:
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%*$500k*-Money Market Account
OTHER TIERS: 1.75% → $2.5k - $50k | 2.00% → $50k - $100k | 2.25% → $100k - $500k
2.75%*$500k*-Money Management
OTHER TIERS: 1.75% → $2.5k - $50k | 2.00% → $50k - $100k | 2.25% → $100k - $500k

Down East Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$2.5k-Commercial Share Draft Account
0.05%$0-Secure Checking

Down East Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Office92 Lincolnville AveBelfast, ME 04915
Branch Office151 Main StRichmond, ME 04357
Branch Office23 Third AveBaileyville, ME 04694
Branch Office254 North StCalais, ME 04619-1620
Branch Office460 Wilson St Ste 1Brewer, ME 04412-1417
Branch Office58 School StUnity, ME 04988
Branch Office94 Main StTopsham, ME 04086
Branch Office211 Main StMachias, ME 04654

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.