DOWNEAST CREDIT UNION - Baileyville, ME

Welcome to Downeast, your trusted credit union located at 23 Third Ave, Baileyville, ME 04694. Established in 1941, we have been a cornerstone of the community for over eight decades, proudly serving our 22,994 members with dedication and care. Our commitment to providing exceptional financial services is reflected in our impressive total assets of $289,364,810 and total deposits of $9,694,867. At Downeast, we believe in empowering our members through personalized banking solutions tailored to meet your unique needs. Whether you're looking for auto loans or mortgages, our team is here to help you navigate your financial journey with confidence. We currently manage a portfolio of 16,915 loans and leases, ensuring that we support our members in achieving their goals. While members can visit us at our branch location, official correspondence should be sent to PO Box 130, Baileyville, ME 4694. With a dedicated staff of 87 employees, led by CEO Joseph Moses and Board President Mason Pottle, we strive to create a welcoming environment where everyone feels valued. Our financial strength is evident not only in our assets but also in our net worth of $28,134,222 and cash in hand amounting to $4,167,319. We take pride in being a stable institution that prioritizes the well-being of its members. We invite you to explore what Downeast has to offer visit us today or give us a call at 207-427-3333 during our operating hours from 9:00 a.m. to 4:00 p.m., Monday through Friday. Your financial success is our mission! For more information about our services, please check out our website at downeastcu.com.

At Downeast, we take pride in our rich history and unwavering commitment to the community. Founded in 1941, our branch has grown from humble beginnings into a trusted financial partner for nearly 23,000 members in Baileyville, Maine. Located at 23 Third Ave, right in the heart of the city, we're not just a credit union; we're a cornerstone of our community. Over the years, Downeast has achieved remarkable milestones that reflect our dedication to serving our members. With total assets exceeding $289 million, we have expanded our offerings to include personal banking, auto loans, mortgages, and business banking services. This growth is a testament to our focus on providing quality financial solutions tailored to meet the needs of our diverse membership. Our mission is simple yet profound: to empower our members by offering affordable financial services while actively supporting community initiatives. We believe that when our members thrive, so does the entire community. Our commitment extends beyond just banking; we are dedicated to making a positive impact through various outreach programs and partnerships that foster local development and support those in need. While members can visit us at 23 Third Ave, official correspondence should be sent to PO Box 130, Baileyville, ME 4694. Our operating hours are convenient for you Monday through Friday from 9:00 a.m. to 4:00 p.m. making it easy for you to connect with us when you need assistance. At Downeast, we understand the importance of accessibility. That's why we offer ATM services and drive-thru banking options for quick transactions. Additionally, our shared service center allows members of partner credit unions to access essential services seamlessly. As we continue to embrace digital advancements like online banking and mobile payments, we remain committed to ensuring all facilities comply with ADA standards. Our goal is to create an inclusive environment where everyone can access their financial resources comfortably. Join us at Downeast and become part of a vibrant community that values support, growth, and shared success. Experience firsthand how we can help you achieve your financial goals while making a difference in Baileyville and beyond. We look forward to welcoming you! For more information or to get started today, call us at 207-427-3333 or visit our website at Downeast.

Becoming a member of Downeast is like joining a warm, welcoming family that truly cares about your financial well-being. If you live, work, worship, or attend school in the local community, you're likely eligible to join us! We believe in providing opportunities for everyone, so even if you don't meet those criteria but have a close connection to someone who does, you might still qualify. Membership opens doors to a variety of benefits, including competitive rates on loans and savings accounts, personalized service, and access to our community-focused programs. Ready to take the next step? Opening an account with us is easy! Simply visit our website at https://app.loanspq.com/apply.aspx ?lenderref=downeast071019&list=vlccplhest for more details on how to start your membership journey. If you have any questions or need assistance, feel free to give us a call at (207) 427-3333. For full eligibility details, check out our dedicated page at https://www.downeastcu.com/membership/ . Join us at Downeast, located at 23 Third Ave Baileyville Me 04694, and experience the difference that a supportive credit union can make in your financial life!

At Downeast, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a solid financial foundation that supports your needs now and in the future. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $28,134,222, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $967 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $79,895,844 in share certificates and $41,270,802 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $24,560,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to growth is reflected in our $26,078,853 in undivided earnings, which allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $6,734 in used auto loans and $243,969,098 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency shines through with a reported $499,730, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 86 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $219,089. Total Share and Deposit Accounts: 42,317, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Downeast is your trusted partner. Visit us at 23 Third Ave Baileyville Me 04694 or call (207) 427-3333 to learn more about how we can help you achieve your financial goals.