Winthrop Area Federal Credit Union
Overview / Commentary
Winthrop Area Federal Credit Union is headquartered in WINTHROP and is the 39th largest credit union in the state of Maine. It is also the 1,849th largest credit union in the nation. It was established in 1937 and as of March of 2025, it had grown to 14 employees and 7,925 members at 1 location. Winthrop Area Federal Credit Union has an A health rating.
Field of Membership Restrictions
Winthrop Area Federal Credit Union is open to businesses or other legal entities and anyone who lives, works, worships, or attends school in Kennebec County, Maine.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Winthrop Area Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2301 |
| Year Chartered | 1937 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 6.92% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $98MM$92.2MM |
| Loans | Q1 2025vs Q1 2024 | $55.1MM$53.8MM |
| Deposits | Q1 2025vs Q1 2024 | $86.7MM$81.7MM |
| Equity Capital | Q1 2025vs Q1 2024 | $11MM$10MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $280K$286K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $130K$123K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |