University Credit Union

Headquarters

15 Main St
Orono, ME 04473
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 5.50% →
1-Year CD 0.30% 4.80% →
2-Year CD 0.50% 4.25% →
5-Year CD 0.80% 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

University is an NCUA insured institution located in Orono, ME. It was founded in 1967 and has approximately $474.46 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.

NCUA Insured Yes / State-Chartered
Charter Number # # 63133
Date Established 1967
Assets $474.46 million
Loans $382.23 million
Deposits $361.70 million
Capital $44.20 million
 

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 - November 4, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.80% $10,000 $14,999 Learn More
60 Mo CD
0.80% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $499 Learn MoreShow Less

Loan Rates - November 4, 2024

Your Current Location: Ohio, OH 43085

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 - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Midwest Mortgage Lending
NMLS ID: 2262032
License#: RM.804810.000
6.368% 6.250% 0.75 $4,000 $1,971 Learn More
District Lending
NMLS ID: 1835285
6.380% 6.250% 0.88 $4,400 $1,971 Learn More
Pure Rate Mortgage
NMLS ID: 2578474
6.482% 6.375% 0.75 $3,610 $1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.984% 6.875% 0.88 $3,545 $2,103 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.490 %
After Intro: 7.490 %
$0 Learn More
More Info

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:
Columbus,Ohio



Climate Policy and Initiatives

UNIVERSITY is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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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
1.49% 5.83

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, 2024, University had $683,269 in non-current loans and $1,750 in owned assets. To cover these potential losses it had $44,197,260 in net worth and $1,899,273 in loans loss reserves. That gives it a Texas Ratio of 1.49%.

Net Worth
University U.S. Average
9.32% 13.93%

University FCU has a net worth of 9.32% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for University

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