DOWNEAST Credit Union Profile

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DOWNEAST

Charter #68563 | NCUA Region 1 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (207) 427-3333

Fax: (207) 512-1537

Founding Date: N/A

Website: http://www.downeastcu.com

Personnel & Operations

President: Pottle, Mason

Manager: Moses, Joseph

FT Employees: 86

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 8

Hours: 9:00 a.m. to 4:00 p.m. Monday - Friday

Credit Union Profile Summary

DOWNEAST is a FISCU Credit Union. With a total of 24,196 members ^[1], this institution manages approximately $302,466,847 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.43% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 7.51% ^[1].

Financial Snapshot

Total Assets ^[1]

$302,466,847

Total economic resources.

Total Loans ^[1]

$258,801,180

Total value of outstanding loans.

Total Deposits ^[1]

$271,075,592

Total funds deposited by members.

Members ^[1]

24,196

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

9.43%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.78%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

95.47%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 3.85%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 7.51%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 6.88%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

23 Third Ave

Baileyville, ME, 04694

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 8 branches reported by DOWNEAST (Charter #68563).

Main Office

Main Office Main Office

Type: Corporate Office

Type: Branch Office

58 School St

Unity, ME 04988

Phone: (207) 948-2060

Services: Member Services, ATM, Drive-Thru

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