OTIS Credit Union Profile

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OTIS

Charter #9349 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (207) 897-0900

Fax: (207) 897-3927

Founding Date: N/A

Website: http://www.otisfcu.coop

Personnel & Operations

President: Lake, Duane

Manager: Bouchard, Christopher

FT Employees: 27

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 1

Hours: M-F 9:00 am - 5:00 pm Drive Thru M-F 9:00

Credit Union Profile Summary

OTIS is a FCU Credit Union. With a total of 12,148 members [1], this institution manages approximately $279,679,876 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.87% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 22.05% [1].

Financial Snapshot

Total Assets [1]
$279,679,876

Total economic resources.

Total Loans [1]
$125,239,625

Total value of outstanding loans.

Total Deposits [1]
$233,490,368

Total funds deposited by members.

Members [1]
12,148

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.87%

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]
1.56%

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

Loan-to-Share Ratio [1]
53.64%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
9.80%

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

Loan Growth (4Q) [1]
22.05%

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

Member Growth (4Q) [1]
6.49%

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

Headquarters Location & Map

Headquarters Address

170 Main St

Jay, ME, 04239-4902

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by OTIS (Charter #9349).

Main Office

Otis Federal Credit Union Main Office

Type: Corporate Office

170 Main St

Jay, ME 04239-4902

Phone: (207) 897-0900

Services: Member Services, ATM, Drive-Thru

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