Ksw Federal Credit Union (9943), a $109.6M credit union headquartered in Waterville, ME, led by CEO Gilman, reported $93.7M in member deposits at the end of 2025 Q3, an increase of $10.9M (+13.2%) compared to the same quarter last year.
The credit union's 94.5% loan-to-share ratio indicates strong loan demand relative to deposits, which may require attention to deposit pricing and liquidity management.
At a high level: balance sheet is loan-heavy, constraining future optionality.
Deposit Composition
Ksw Federal Credit Union's deposit portfolio is led by Regular Shares, comprising 47.7% of total deposits—basic savings accounts with no withdrawal restrictions. The heavy concentration in liquid shares provides operational flexibility but may pressure net interest margin in a rising rate environment.
Deposit Portfolio Breakdown
| Deposit Type | Balance | % of Total | YoY Growth |
|---|---|---|---|
| Regular Shares | $44.7M | 47.7% | +5.3% |
| Share Certificates | $20.3M | 21.7% | +34.5% |
| Share Drafts | $15.1M | 16.1% | +6.2% |
| IRA/KEOGH | $8.1M | 8.6% | +22.4% |
| Money Market | $5.5M | 5.8% | +25.2% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Deposit Trends
Robust deposit growth of this magnitude typically reflects competitive dividend rates, successful marketing campaigns, or strong community relationships driving member acquisition.
Quarterly Trend
| Period | Total Deposits | QoQ Change | Avg/Member |
|---|---|---|---|
| 2024 Q2 | $84.8M | $9K | |
| 2024 Q3 | $82.8M | -2.4% | $9K |
| 2024 Q4 | $84.2M | +1.7% | $9K |
| 2025 Q1 | $90.8M | +7.9% | $10K |
| 2025 Q2 | $93.0M | +2.4% | $10K |
| 2025 Q3 | $93.7M | +0.8% | $10K |
Source: NCUA 5300 Call Reports
Member Deposit Metrics
Ksw Federal Credit Union serves 9,579 members, a decrease of 0.2% year-over-year. The average member deposit of $10K has grown 13.4% compared to last year.
Deposit growth exceeding member growth suggests existing members are increasing their balances, a sign of deepening relationships.
Historical Context: Since the 2008 Crisis
Ksw Federal Credit Union's deposit base has grown 247% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $27.0M in member deposits serving 7,631 members.
Membership has expanded 26% over this period, demonstrating strong community trust and successful member acquisition.
Peer Comparison
Among 974 credit unions in its $54.8M–$164.3M asset peer group, Ksw Federal Credit Union ranks in the 94th percentile for deposit growth. This positions the credit union as a deposit-gathering leader among similarly-sized institutions.
Outlook
With strong deposit momentum, Ksw Federal Credit Union appears well-positioned to fund loan growth and maintain competitive member services. Key factors to watch include deposit rate trends, member acquisition costs, and competitive dynamics in the ME market.
Ksw Federal Credit Union's Q4 2025 results, expected in early 2026, will provide further insight into whether this deposit growth trajectory can be sustained.
Track This Credit Union
Monitor Ksw 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.