Capital Area

Headquarters

Po Box 2626
Augusta, ME 04338
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.65% →
1-Year CD 0.40% 0.67% →
2-Year CD 0.60% 0.75% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Capital Area is an NCUA insured institution located in Augusta, ME. It was founded in 1954 and has approximately $54.1 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 9919
Date Established 1954
Assets $54.10 million
Loans $35.98 million
Deposits $46.43 million
Capital $7.27 million
 

Field of Membership Restrictions

Must live, work, worship or attend school, a business and/or other legal entities located in Kennebec, Waldo or Lincoln County, and/or a relative of a current member or reside in the same household.

Deposit Rates - May 6, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.40% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More

Loan Rates - May 6, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for CAPITAL AREA

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



Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PADDIO
NMLS ID: 1907
2.798% 2.750% -0.38 $1,562 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to CAPITAL AREA
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Capital Area 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:
Fairfield,Connecticut


Capital Area Locations


Financial Details

Capital Area Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Capital Area. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Capital Area U.S. Average
7.04% 5.40

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2020, Capital Area had $528,323 in non-current loans and $4,170 in owned assets. To cover these potential losses it had $7,265,553 in net worth and $300,526 in loans loss reserves. That gives it a Texas Ratio of 7.04%.

Net Worth
Capital Area U.S. Average
13.42% 12.67%

Capital Area FCU has a net worth of 13.42% versus the BestCashCow average of 12.67. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Capital Area

Branches and Savings

What is Capital Area?

A federal credit union, registered with the NCUA under certificate #9919.
Learn more about credit unions here.

Is Capital Area FDIC insured?

No, credit unions are not insured by the FDIC. Most, but not all, are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance. Capital Area is insured by the NCUA.

Who can join Capital Area?

Please see Field of Membership information above for information on who is eligible to join.

What are Capital Area's share account and share certificate rates?

Capital Area's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Capital Area?

Capital Area has total capital of $7.27 million. Full information on Capital Area's financial position is located above.

Who owns Capital Area?

Credit Unions are owned by their members.

Where are Capital Area branches located?

See branch locations nearby.

Are Capital Area ATMs Open 24/7?

Do Capital Area ATMs accept cash deposits?

Can Capital Area customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Capital Area have a mobile app?

Does Capital Area have mobile deposit?

Does Capital Area have quick pay?

How can Capital Area transfer money to other banks or credit unions?

Does Capital Area report to credit bureaus?

Does Capital Area use Chexsystems?

Does Capital Area use Equifax?

What is Capital Area's toll free phone number?

What is Capital Area's ACH Routing Number?

What is Capital Area's SWIFT code?

Where can I find Capital Area's wire transfer form?

What is the Capital Area address for deposits?

What Products Does Capital Area Offer

Does Capital Area offer mortgages?

Compare mortgage rates here.

Does Capital Area offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Capital Area offer auto and RV loans?

Compare auto loan rates here.

Does Capital Area offer student loans or personal loans?

Compare personal loan rates here.

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