23 Third Ave
Baileyville, ME 04694


2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 68563
Date Established 1941
Assets $184.13 million
Loans $157.21 million
Deposits $166.87 million
Capital $15.32 million

Down East is an NCUA insured institution located in Baileyville, ME. It was founded in 1941 and has approximately $184.13 millions in assets.

Field of Membership Restrictions

Down East Credit Union of Maine is open to the residents, registered students, church members, and people maintaining employment in these Maine Counties: Hancock, Kennebec, Knox, Lincoln, Penobscot, Sagadahoc, Waldo and Washington along with the Cumberland County towns of Brunswick and Harpswell. Membership eligibility is also extended to include the family members of current credit union members.

Deposit Rates - January 20, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
1.50% $2,500 $24,999 Learn MoreShow Less
Money Market
1.50% $25,000 $49,999 Learn MoreShow Less
Fixed IRA
2.20% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
2.50% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
2.10% $500 - Learn MoreShow Less
12 Mo CD
2.20% $500 - Learn MoreShow Less
Special: 15 Mo CD
2.50% $500 - Learn MoreShow Less
24 Mo CD
2.30% $500 - Learn MoreShow Less
36 Mo CD
2.50% $500 - Learn MoreShow Less
48 Mo CD
2.75% $500 - Learn MoreShow Less
60 Mo CD
3.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
1.00% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $5 - Learn MoreShow Less

Loan Rates - January 20, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for DOWN EAST

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

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.276% 4.250% 0.25 $775 $1,230 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Vantage Mortgage Group, Inc.
NMLS ID: 35986
License#: 35986
4.532% 4.500% 0.00 $993 $1,267 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender Rate (%) Monthly Payment Learn More

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


Below are Down East branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Down East Locations

Financial Details

Down East Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Down East. 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
Down East U.S. Average
20.78% 5.78

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 June 30, 2018, Down East had $2,923,452 in non-current loans and $580,799 in owned assets. To cover these potential losses it had $15,321,966 in net worth and $1,538,130 in loans loss reserves. That gives it a Texas Ratio of 20.78%.

Net Worth
Down East U.S. Average
8.32% 13.21%

Down East FCU has a net worth of 8.32% versus the BestCashCow average of 13.21. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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*All images, logos and public notes on this page appear courtesy of DOWN EAST and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.