Aroostook County Federal Savings and Loan Association

43 High St
Caribou, ME 04736

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29743
Date Established 1936
Assets $0.11 billion
Loans $0.09 billion
Deposits $0.10 billion
Capital $0.01 billion

Aroostook County Federal Savings and Loan Association is an FDIC insured institution located in Caribou, ME. It was founded in 1936 and has approximately $0.11 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Aroostook County Federal Savings and Loan Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Aroostook County Federal Savings and Loan Association’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Consumer Auto Loans.

Compared to other banks in Maine, Aroostook County Federal Savings and Loan Association has a significantly higher percent of 1-4 Family Residential Loans, Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 78.85
Multifamily
Mortgages
0.77
Credit Card Loans 0.00
Consumer Auto Loans 3.46
Small Business Loans 1.88
Construction and Development Loans 0.11
Commercial Real Estate 1.88
Commercial and Industrial Loans 13.12
Farm Loans 0.09

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Aroostook County Federal Savings And Loan Association, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Aroostook County Federal Savings and Loan Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
3.896% 3.875% 0.25 $628 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
3.832% 3.750% 0.00 $2,500 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Aroostook County Federal Savings and Loan Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Aroostook County Federal Savings and Loan Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Aroostook County Federal Savings and Loan Association Locations

Financial Details

Aroostook County Federal Savings and Loan Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Aroostook County Federal Savings and Loan Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Aroostook County Federal Savings and Loan Association U.S. Bank Average
12.14% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Aroostook County Federal Savings and Loan Association had $1,384,000 in non-current loans and $267,000 in owned real estate. To cover these potential losses it had $12,990,000 in equity and $607,000 in loans loss reserves. That gives it a Texas Ratio of 12.14%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Aroostook County Federal Savings and Loan Association U.S. Bank Average
5.23% 8.58

Aroostook County Federal Savings and Loan Association has a Return on Equity of 5.23% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Aroostook County Federal Savings and Loan Association U.S. Bank Average
11.62% 12.11

Aroostook County Federal Savings and Loan Association has a Capitalization of 11.62% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Aroostook County Federal Savings and Loan Association Balance Sheet Analysis

As of June 30, 2017, Aroostook County Federal Savings and Loan Association had assets of $111,787,000, loans of $89,458,000, and deposits of $96,229,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Aroostook County Federal Savings and Loan Association

Branches and Savings

Is Aroostook County Federal Savings and Loan Association FDIC insured?

Yes. It is covered under FDIC Certificate #29743.

Why does Aroostook County Federal Savings and Loan Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Aroostook County Federal Savings and Loan Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Aroostook County Federal Savings and Loan Association a commercial bank?

Yes

Where are Aroostook County Federal Savings and Loan Association locations?

See branch locations nearby.

Is Aroostook County Federal Savings and Loan Association open on Saturdays?

Is Aroostook County Federal Savings and Loan Association open on Sundays?

What time does Aroostook County Federal Savings and Loan Association open?

What time does Aroostook County Federal Savings and Loan Association close?

Are Aroostook County Federal Savings and Loan Association ATMs Open 24/7?

Do Aroostook County Federal Savings and Loan Association ATMs accept cash deposits?

Can Aroostook County Federal Savings and Loan Association customers use other ATMs?

Do Aroostook County Federal Savings and Loan Association branches have notaries?

Will Aroostook County Federal Savings and Loan Association notarize my document?

What address for Aroostook County Federal Savings and Loan Association should I put for incoming ACH transfers?

Will the Aroostook County Federal Savings and Loan Association branch print checks?

Do Aroostook County Federal Savings and Loan Association checks expire?

Does Aroostook County Federal Savings and Loan Association require US citizenship to open account?

Can Aroostook County Federal Savings and Loan Association close my account?

Does Aroostook County Federal Savings and Loan Association Report to credit bureaus?

Does Aroostook County Federal Savings and Loan Association Use Equifax?

What is Aroostook County Federal Savings and Loan Association's ACH Routing Number?

What is Aroostook County Federal Savings and Loan Association's SWIFT code?

Products

Does Aroostook County Federal Savings and Loan Association offer mortgages?

Compare mortgage rates here.

Does Aroostook County Federal Savings and Loan Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Aroostook County Federal Savings and Loan Association offer personal loans?

Compare personal loan rates here.

Does Aroostook County Federal Savings and Loan Association offer student loans?

Will Aroostook County Federal Savings and Loan Association cash a check?

Will Aroostook County Federal Savings and Loan Association redeem a savings bond?

Does Aroostook County Federal Savings and Loan Association cash savings bonds?

Will Aroostook County Federal Savings and Loan Association cash money orders?

Can Aroostook County Federal Savings and Loan Association issue a money order?

Does Aroostook County Federal Savings and Loan Association do currency exchange?

Background on The Bank

Who owns Aroostook County Federal Savings and Loan Association?

How long has Aroostook County Federal Savings and Loan Association been around?

Can Aroostook County Federal Savings and Loan Association transfer to other banks?

Does Aroostook County Federal Savings and Loan Association have quick pay?

Does Aroostook County Federal Savings and Loan Association accept rolled coins?

Will Aroostook County Federal Savings and Loan Association accept loose change?

Where is Aroostook County Federal Savings and Loan Association headquarters?

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