Overview / Commentary
KSW Federal Credit Union is headquartered in Waterville and is the 35th largest credit union in the state of Maine. It is also the 1,827th largest credit union in the nation. It was established in 1954 and as of June of 2022, it had grown to 20 employees and 9,922 members at 2 locations. KSW Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in KSW Credit Union is open to those who live, work, worship, volunteer, or attend school in the Maine counties of Kennebec or Somerset, or select towns in Waldo County (Belfast, Belmont, Brooks, Jackson, Knox, Liberty, Monroe, Montville, Morrill, Searsmont, Swanville, Thorndike, Unity, and Waldo).
See current membership details
Health
A
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9943 |
| Year Chartered | 1954 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 12.52% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $100.5MM$95.9MM |
| Loans | Q2 2022vs Q2 2021 | $78.3MM$65.9MM |
| Deposits | Q2 2022vs Q2 2021 | $91.5MM$88.0MM |
| Equity Capital | Q2 2022vs Q2 2021 | $8.7MM$7.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.4MM$998.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $394.00K$340.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$10.00K |