Winthrop, ME 04364
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.70% 1.01% →
2-Year CD 0.85% 0.95% →
5-Year CD 1.31% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Winthrop Area is an NCUA insured institution located in Winthrop, ME. It was founded in 1937 and has approximately $70.76 millions in assets.

NCUA Insured Yes
Charter Number # # 2301
Date Established 1937
Assets $70.76 million
Loans $46.11 million
Deposits $62.78 million
Capital $7.77 million

Field of Membership Restrictions

Membership is open to those who live, work, worship, or attend school in, and businesses and other legal entities located in Kennebec County.

Deposit Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.16% $10,000 $14,999 Learn More
48 Mo CD
1.16% $100,000 $199,999 Learn More
60 Mo CD
1.31% $10,000 $14,999 Learn More
60 Mo CD
1.31% $100,000 $199,999 Learn More

Loan Rates - October 27, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for WINTHROP AREA

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
2.674% 2.625% 0.63 $1,595 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.561% 2.500% 0.75 $2,021 $988 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

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


Below are Winthrop Area 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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Winthrop Area Locations

Financial Details

Winthrop Area Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Winthrop 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
Winthrop Area U.S. Average
9.37% 6.71

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 March 30, 2020, Winthrop Area had $657,934 in non-current loans and $88,000 in owned assets. To cover these potential losses it had $7,771,560 in net worth and $190,869 in loans loss reserves. That gives it a Texas Ratio of 9.37%.

Net Worth
Winthrop Area U.S. Average
10.98% 13.61%

Winthrop Area FCU has a net worth of 10.98% versus the BestCashCow average of 13.61. 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 Winthrop Area

Branches and Savings

What is Winthrop Area?

A federal credit union, registered with the NCUA under certificate #2301.
Learn more about credit unions here.

Is Winthrop Area 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 Winthrop Area?

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

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

Winthrop 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 Winthrop Area?

Winthrop Area has total capital of $7.77 million. Full information on Winthrop Area's financial position is located above.

Who owns Winthrop Area?

Credit Unions are owned by their members.

Where are Winthrop Area branches located?

See branch locations nearby.

Are Winthrop Area ATMs Open 24/7?

Do Winthrop Area ATMs accept cash deposits?

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

Does Winthrop Area have a mobile app?

Does Winthrop Area have mobile deposit?

Does Winthrop Area have quick pay?

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

Does Winthrop Area report to credit bureaus?

Does Winthrop Area use Chexsystems?

Does Winthrop Area use Equifax?

What is Winthrop Area's toll free phone number?

What is Winthrop Area's ACH Routing Number?

What is Winthrop Area's SWIFT code?

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

What is the Winthrop Area address for deposits?

What Products Does Winthrop Area Offer

Does Winthrop Area offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Winthrop Area offer auto and RV loans?

Compare auto loan rates here.

Does Winthrop Area offer student loans or personal loans?

Compare personal loan rates here.

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