Downeast
Downeast is a credit union based in Baileyville, Maine, established in 1941, with $328 million in total assets serving 25,342 members. By Trust Grade it ranks 44th of 48 credit unions we track in Maine. Its net worth ratio of 8.8% trails most similarly sized credit unions (12th percentile), versus a Maine median of 10.9%. It was profitable over the most recent period, with a 0.51% return on assets. No consumer complaints against Downeast appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Downeast compares to Maine peers
How we graded Downeast
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.8% capital ratio)
- Profitable (ROA 0.51%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Downeast over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Downeast insured?
Yes. Downeast is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Downeast: frequently asked questions
Is Downeast a good credit union?
Downeast earns a Bankzia Trust Grade of B (83/100, "Strong"), based on a financial-strength score of 83/100 (it has no CFPB complaints on record). Well-capitalized (8.8% capital ratio); Profitable (ROA 0.51%).
Is Downeast NCUA-insured?
Yes. Downeast is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Downeast?
Downeast holds $328 million in total assets, ranking 44th of 48 credit unions we track in Maine. It serves 25,342 members.
Does Downeast have CFPB complaints?
No CFPB complaints against Downeast appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
