Cumberland Municipal Employees Federal Credit Union (24486), a $8.4M credit union headquartered in Cumberland, RI, led by CEO Ayick, reported $6.6M in member deposits at the end of 2025 Q3, a decrease of $318K (-4.6%) compared to the same quarter last year.
The credit union's 53.0% loan-to-share ratio reflects ample liquidity with room for additional lending capacity.
At a high level: balance sheet trajectory is consistent with peer norms.
Deposit Composition
Cumberland Municipal Employees Federal Credit Union's deposit portfolio is led by Share Certificates, comprising 60.8% of total deposits—time deposits (cds) with fixed terms and rates. Strong certificate balances indicate member preference for term deposits and predictable funding costs.
Deposit Portfolio Breakdown
| Deposit Type | Balance | % of Total | YoY Growth |
|---|---|---|---|
| Share Certificates | $4.0M | 60.8% | +2.7% |
| Regular Shares | $2.3M | 34.7% | -14.5% |
| Money Market | $299K | 4.5% | -10.8% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Deposit Trends
Deposit contraction may reflect rate-sensitive members moving funds to higher-yielding alternatives, or broader economic pressures affecting member savings capacity.
Quarterly Trend
| Period | Total Deposits | QoQ Change | Avg/Member |
|---|---|---|---|
| 2024 Q2 | $7.0M | $7K | |
| 2024 Q3 | $6.9M | -1.6% | $8K |
| 2024 Q4 | $6.9M | -0.7% | $8K |
| 2025 Q1 | $6.9M | +0.2% | $8K |
| 2025 Q2 | $6.9M | +0.1% | $8K |
| 2025 Q3 | $6.6M | -4.2% | $8K |
Source: NCUA 5300 Call Reports
Member Deposit Metrics
Cumberland Municipal Employees Federal Credit Union serves 802 members, a decrease of 2.6% year-over-year. The average member deposit of $8K has declined 2.1% compared to last year.
Deposit retention remains a key focus in the current rate environment.
Historical Context: Since the 2008 Crisis
Cumberland Municipal Employees Federal Credit Union's deposit base has grown 12% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $5.9M in member deposits serving 1,279 members.
Membership has declined 37% over this period, reflecting broader industry consolidation trends.
Peer Comparison
Among 622 credit unions in its $4.2M–$12.6M asset peer group, Cumberland Municipal Employees Federal Credit Union ranks in the 30th percentile for deposit growth.
Outlook
Cumberland Municipal Employees Federal Credit Union's deposit trajectory will depend on rate competitiveness, member retention efforts, and the broader economic environment affecting member savings behavior.
Cumberland Municipal Employees Federal Credit Union's Q4 2025 results, expected in early 2026, will provide further insight into whether the credit union can stabilize its deposit base.
Track This Credit Union
Monitor Cumberland Municipal Employees Federal Credit Union's quarterly deposit performance, member metrics, and share composition with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Average deposit calculated as total shares and deposits divided by total members.