Otis Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.60%	5-year CD	60 Month Share Certificate 1.85% - Synchrony Bank 60 Month CD
0.65%	1-year CD	12-23 Month Share Certificate 1.05% - Ally Bank High Yield 12-Month CD
0.20%	Savings	Membership Share 1.00% - Ally Bank Online Savings Account

View all Otis Federal Credit Union rates »

Overview / Commentary

www.otisfcu.coop

207-897-0900

170 Main St
Jay, ME 04239-4902

Otis Federal Credit Union is headquartered in Jay and is the 20^th largest credit union in the state of Maine. It is also the 1,199^th largest credit union in the nation. It was established in 1954 and as of June of 2016, it had grown to 23 employees and 10,753 members at 1 location. Otis Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Franklin County, Canton, Fayette, Hartford, Leeds, Livermore, Livermore Falls, Mount Vernon, Readfield, Turner, Vienna or Wayne.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q2 2016

Learn more about bank health

Health Grade Components

Overall
NCUA #	9349
Year Chartered	1954
Employees	23
Primary Regulator

Profit Margin
Return on Assets - YTD	1.14%
Return on Equity - YTD	6.75%
Annual Interest Income	$2.1MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$151.6MM$139.9MM
Loans	Q2 2016vs Q2 2015	$69.5MM$69.9MM
Deposits	Q2 2016vs Q2 2015	$126.0MM$115.7MM
Equity Capital	Q2 2016vs Q2 2015	$25.2MM$23.8MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$188.00K$226.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$753.00K$647.00K
Real Estate Owned	Q2 2016vs Q2 2015	$207.00K$188.00K

Rates

Skip to rates for:

Savings
Money Market
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Otis Federal 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.

Otis Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$25	-	IRA Share
0.25%	$25	-	Roth IRA Share
0.25%	$25	-	Coverdell Educational IRA Share
0.25%^*	$20k^*	-	Health Savings Account
OTHER TIERS: 0.20% → Up to $20k
0.20%	$25	-	Membership Share
0.20%	-	-	Coindexter Club
0.20%	-	-	Club Account
0.20%	-	-	Holiday Club

Otis Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$20k^*	-	Money Management
OTHER TIERS: 0.05% → Up to $2k \| 0.20% → $2k - $20k

Otis Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.60%	$500	-	60 Month Share Certificate
1.35%	$500	-	48-59 Month Share Certificate
1.10%	$500	-	36-47 Month Share Certificate
0.90%	$500	-	24-35 Month Share Certificate
0.65%	$500	-	12-23 Month Share Certificate
0.45%	$500	-	6-11 Month Share Certificate

Otis Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.60%	$500	-	60 Month IRA Certificate
1.35%	$500	-	48-59 Month IRA Certificate
1.10%	$500	-	36-47 Month IRA Certificate
0.90%	$500	-	24-35 Month IRA Certificate
0.65%	$500	-	12-23 Month IRA Certificate
0.45%	$500	-	6-11 Month IRA Certificate

Locations

Otis Federal Credit Union Locations
Branch Office	170 Main St	Jay, ME 04239-4902