May 28, 2020
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cPort Credit Union holds Topping Off Ceremony at Middle Street branch location

Community Author: cPort Credit Union
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cPort Credit Union | BDN
cPort Credit Union | BDN
Photo includes L-R: cPort Board Member Jim Cloutier, archi9tect Deirdre Pio of Gawron Turgeon Architects, cPort CEO Gene Ardito, cPort Board member Scott Paquet, City of Portland Historic Preservation Program Manager Deb Andrews, cPort Board Member & Portland Regional Chamber CEO Quincy Hentzel.

PORTLAND — cPort Credit Union held a topping off ceremony today at its new location at 35 Middle St. in downtown Portland. Members of the branch’s construction team signed the final steel beam before it was hoisted into place on the building’s fourth story. cPort staff including President & CEO Gene Ardito and cPort board members Scott Paquet, Jim Cloutier, and Quincy Hentzel signed the beam, as well as members of the Landry French Construction Team, Gawron Turgeon Architects, and Deb Andrews from the City of Portland.

On the corner of Middle and India Streets, the building is under construction next to Duckfat and Ribollita restaurants. The branch location in the Old Port gives cPort the opportunity to serve pedestrians and new members in the local neighborhoods. The branch will open in December 2018.

The new branch is a result of increased membership during the past few years, including the credit union’s 11-percent growth in 2017. The location will provide local residents and members with more customer service options within Portland’s Old Port. cPort is a Portland-based financial institution that will now have five branches across Portland, Scarborough and Augusta.

“This is an exciting time for cPort members as we build on our steady growth and continue working closely with our members to meet their needs. We place tremendous value on the face-to-face relationships we have with our members. This new branch in one of Portland’s most desirable neighborhoods is designed to give people in Portland even easier access to our products and services, everything from checking accounts to home loans. Every day we strive to deliver the best financial experience to our members and we look forward to connecting with many new members at our third Portland location,” said Gene Ardito, president and CEO of cPort Credit Union.

cPort gives members access to a growing suite of products and services. Most recently, the financial institution has seen interest in their “citizenship loans” for members navigating the process to U.S. citizenship, asylum status, permanent residence, or employment authorization. Similar to cPort’s other specialized loan products like debt consolidation loans, energy loans, and wedding loans, citizenship loans provide financing for a significant financial challenge.

Founded in 1931, cPort Credit Union has assets of over $200 million with more than 21,000 members. Membership is open to anyone who lives or works in Cumberland, Kennebec, Sagadahoc, Androscoggin, and York counties. The credit union was also recently named as one of the 2017 Best Places to Work in Maine in the medium-sized category.

For information about the new location or membership, contact 1-800-464-0253. cPort Credit Union will share photos from the construction of the new branch at cportcu.org and on Facebook.

About cPort Credit Union

cPort Credit Union was founded in 1931 and is one of Maine’s oldest Portland-based financial institutions. With headquarters at 50 Riverside Industrial Parkway, cPort will now have five branches across Portland, Augusta, and Scarborough, offering membership to anyone who lives or works in Cumberland, Kennebec, Androscoggin, Sagadahoc or York counties. cPort strives to deliver the best financial experience to members through a high level of personalized service and convenient banking technology. With a community focus, cPort provides scholarship opportunities for Maine elementary school students in Portland, Scarborough, and Augusta through the cPort Scholarship Program established in 2008.