WINTHROP AREA

PO BOX 55
Winthrop, ME 04364

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 2301
Date Established 1937
Assets $68.54 million
Loans $45.66 million
Deposits $60.79 million
Capital $7.27 million

Winthrop Area is an NCUA insured institution located in Winthrop, ME. It was founded in 1937 and has approximately $68.54 millions in assets.

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 - August 19, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA
2.02% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
1.71% $500 - Learn MoreShow Less
12 Mo CD
2.02% $500 - Learn MoreShow Less
18 Mo CD
2.12% $500 - Learn MoreShow Less
24 Mo CD
2.27% $500 - Learn MoreShow Less
36 Mo CD
2.48% $500 - Learn MoreShow Less
48 Mo CD
2.68% $500 - Learn MoreShow Less
60 Mo CD
2.89% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.65% $25 - Learn MoreShow Less

Loan Rates - August 19, 2019

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.530% 3.500% 0.38 $940 $1,123 Learn More
First Internet Bank
NMLS ID: 424182
3.641% 3.625% 0.25 $502 $1,141 Learn More
Hamilton National Mortgage Co.
NMLS ID: 122701
3.632% 3.625% 0.13 $212 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

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



Branches

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.

Your Location:
Ashburn,Virginia


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
12.83% 6.77

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 31, 2019, Winthrop Area had $842,524 in non-current loans and $110,000 in owned assets. To cover these potential losses it had $7,271,266 in net worth and $151,940 in loans loss reserves. That gives it a Texas Ratio of 12.83%.

Net Worth
Winthrop Area U.S. Average
10.6% 13.47%

Winthrop Area FCU has a net worth of 10.6% versus the BestCashCow average of 13.47. 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 $7.27 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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