Charter 68563 · Baileyville, ME
Downeast Credit Union
Downeast Credit Union is a state-chartered credit union in Baileyville, Maine, with $330 million in assets and 25,858 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 8.85%, above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $330 million
- +9.2% in a year
- Members
- 25,858
- +6.9% in a year
- Net worth ratio
- 8.85%
- Peer median 11.65%
- Loans 60+ days late
- 0.95%
- Peer median 0.70%
- Loans outstanding
- $280 million
- +8.2% in a year
- Shares and deposits
- $297 million
- +9.7% in a year
- Branches
- 8
- 102 employees
- Opened
- 1941
- Maine charter
How Downeast Credit Union compares
NCUA groups credit unions by size; Downeast Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 8.85% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.95%, is higher than the group median of 0.70%. Loans grew 8.2% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 15 of 48 credit unions headquartered in Maine. See all Maine credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $330 million | 25,858 | $280 million | 8.85% | 0.95% |
| Q1 2026 | $328 million | 25,342 | $274 million | 8.81% | 0.80% |
| Q4 2025 | $314 million | 24,718 | $261 million | 9.06% | 0.97% |
| Q3 2025 | $309 million | 24,511 | $261 million | 9.37% | 0.49% |
| Q2 2025 | $302 million | 24,196 | $259 million | 9.43% | 0.40% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 556,996 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 8 sites for Downeast Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Main Office (main office)
23 Third Ave, Baileyville, ME 04694 - Machias
211 Main St, Machias, ME 04654 - Belfast
92 Lincolnville Ave, Belfast, ME 04915 - Unity
58 School St, Unity, ME 04988 - Brewer
460 Wilson St Ste 1, Brewer, ME 04412 - Calais
254 North St, Calais, ME 04619 - Richmond
151 Main St, Richmond, ME 04357 - Topsham
94 Main St, Topsham, ME 04086
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology