Overview / Commentary
Five County Credit Union is headquartered in Bath and is the 11th largest credit union in the state of Maine. It is also the 874th largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 119 employees and 29,234 members at 15 locations. Five County Credit Union has an A health rating.
Field of Membership Restrictions
Five County Credit Union is open to those who live, work, or worship in the Maine counties of Androscoggin, Cumberland, Kennebec, Lincoln, Knox, Sagadhoc, Waldo, or Somerset. Membership also extends to employees of Bath Iron Works, Five County Credit Union, and family of existing credit union members.
See current membership details
Health
A
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67993 |
| Year Chartered | 1956 |
| Employees | 119 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 4.61% |
| Annual Interest Income | $11.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $368.2MM$350.0MM |
| Loans | Q4 2022vs Q4 2021 | $227.3MM$213.7MM |
| Deposits | Q4 2022vs Q4 2021 | $331.3MM$317.8MM |
| Equity Capital | Q4 2022vs Q4 2021 | $31.0MM$28.3MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $1.2MM$991.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $810.00K$864.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
