109 Middle Street
Portland, ME 04101
| NCUA Insured | Yes |
| Charter Number # | # 675 |
| Date Established | 1935 |
| Assets | $7.68 million |
| Loans | $5.30 million |
| Deposits | $7.33 million |
| Capital | $0.33 million |
Portland Maine Police Department is an NCUA insured institution located in Portland, ME. It was founded in 1935 and has approximately $7.68 millions in assets.
Who can join?
You can become a member of PFCU if you live, work, worship, attend school in, or businesses located in Barry, Ionia, Kent Counties or the Greater Lansing area where your work or home address zip code begins with 48900.
Your Current Location: Virginia, VA 20146
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Your Current Location: Virginia, VA 20146
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The following ratios and data are available to help you better understand the financial condition of Portland Maine Police Department. 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.
| Portland Maine Police Department | U.S. Average |
|---|---|
| 7.39% | 7.80% |
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. As of December 31, 2016, Portland Maine Police Department had $36,266 in non-current loans and $0 in owned assets. To cover these potential losses it had $331,375 in net worth and $159,545 in loans loss reserves. That gives it a Texas Ratio of 7.39%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.
| Portland Maine Police Department | U.S. Average |
|---|---|
| 4.31% | 13.06% |
Portland Maine Police Department FCU has a net worth of 4.31% versus the BestCashCow average of 13.06%. 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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Last Update on August 18, 2017
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