UNIVERSITY

15 MAIN ST
Orono, ME 04473

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 63133
Date Established 1967
Assets $296.65 million
Loans $238.58 million
Deposits $246.32 million
Capital $27.67 million

University is an NCUA insured institution located in Orono, ME. It was founded in 1967 and has approximately $296.65 millions in assets.

Who can join?

If you belong to one of the following groups, you are eligible to become a member of UCU.

University of Maine System
Alumni, Students and Employees

Penobscot County School Districts
Employees of the Boards of Education in Penobscot County

Town of Orono
Those who live or work in the town of Orono

Maine Maritime Academy
Alumni, Students and Employees

The Landing School
Alumni, Students and Employees

Northeast Technical Institute
Alumni, Students and Employees

Select Employee Groups
Print Mail of Maine
USA Union Street Athletics
General Electric Power Systems of Bangor

Family Membership
This includes spouse, parents, children, siblings, grandparents and grandchildren of eligible groups listed above including step and adoptive relationships. Also includes persons living in the same residence maintaining a single economic unit with a qualifying member.

Field of Membership Restrictions

Membership in University Credit Union is open to the following: (1) those who live in the town of Orono; (2) alumni, students and employees of the University of Maine System's Office and any of the University of Maine System School (3) student, employees or alumni of Maine Maritime Academy, The Landing School, Northeast Technical Institute, or Cosmotech.

Deposit Rates - October 17, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $1 $4,999 Learn MoreShow Less
Money Market
0.15% $5,000 - Learn MoreShow Less
Premium Money Market Account
0.15% $5,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.20% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.30% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
1.51% $1,500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $4,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $10,000 - Learn MoreShow Less

Loan Rates - October 17, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for UNIVERSITY

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
4.933% 4.875% 0.25 $1,766 $1,324 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.673% 4.625% 0.13 $1,510 $1,286 Learn More
PenFed Credit Union
NMLS ID: 401822
4.836% 4.750% 0.00 $2,500 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.490% $283.58 Learn More

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

Branches

Below are University 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


University Locations

Financial Details

University Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of University. 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
University U.S. Average
8.40% 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, University had $2,303,527 in non-current loans and $113,972 in owned assets. To cover these potential losses it had $27,666,458 in net worth and $1,129,924 in loans loss reserves. That gives it a Texas Ratio of 8.40%.

Net Worth
University U.S. Average
9.32% 13.21%

University FCU has a net worth of 9.32% 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.

Frequently Asked Questions On University

What is University?

A federal credit union, registered with the NCUA under certificate #63133.
Learn more about credit unions here.

Is University FDIC insured?

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

Who can join University?

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

What are University's share account and share certificate rates?

University'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 University?

University has total capital of $27.67 million. Full information on University's financial position is located above.

Who owns University?

Credit Unions are owned by their members.

Where are University branches located?

See branch locations nearby.

Are University ATMs Open 24/7?

Do University ATMs accept cash deposits?

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

Does University have a mobile app?

Does University have mobile deposit?

Does University have quick pay?

How can University transfer money to other banks or credit unions?

Does University report to credit bureaus?

Does University use Chexsystems?

Does University use Equifax?

What is University's toll free phone number?

What is University's ACH Routing Number?

What is University's SWIFT code?

Where can I find University's wire transfer form?

What is the University address for deposits?

What Products Does University Offer

Does University offer mortgages?

Compare mortgage rates here.

Does University offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does University offer auto and RV loans?

Compare auto loan rates here.

Does University offer student loans or personal loans?

Compare personal loan rates here.

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