Norstate
Norstate is a credit union based in Madawaska, Maine, established in 1941, with $280 million in total assets serving 14,075 members. By Trust Grade it ranks 23rd of 48 credit unions we track in Maine. Its net worth ratio of 11.4% is stronger than 52% of similarly sized credit unions, versus a Maine median of 10.9%. It was profitable over the most recent period, with a 0.40% return on assets. No consumer complaints against Norstate appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Norstate compares to Maine peers
How we graded Norstate
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.4% capital ratio)
- Profitable (ROA 0.40%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Norstate over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Norstate insured?
Yes. Norstate 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.
Norstate: frequently asked questions
Is Norstate a good credit union?
Norstate earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (11.4% capital ratio); Profitable (ROA 0.40%).
Is Norstate NCUA-insured?
Yes. Norstate 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 Norstate?
Norstate holds $280 million in total assets, ranking 23rd of 48 credit unions we track in Maine. It serves 14,075 members.
Does Norstate have CFPB complaints?
No CFPB complaints against Norstate 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.
