February 25, 2020
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Maine Savings FCU expands to Portland

Community Author: Maine Savings FCU
Post Date:

HAMPDEN — Maine Savings Federal Credit Union, the largest credit union in the state as measured by total assets, expanded its footprint with a new branch located at 883 Forest Ave. in Portland, bringing the number of Maine Savings branches to 11. The Portland branch opened its doors on Dec. 4, 2018 with plans underway for a grand opening celebration to be held in the spring.

“The new office will help to better serve our existing member base and expand our world-class products and services to a larger and vibrant population. As a member-owned financial cooperative, Maine Savings prides itself on offering superior local service with a focus on improving the financial well-being of our members,” stated John Reed, president and Chief Executive Officer.

Maine Savings offers a full suite of deposit and loan products and is the largest credit union mortgage lender in Maine, offering the CU Promise Home Loan as well as a wide array of additional home lending products. Maine Savings also specializes in commercial lending and is among the largest credit union commercial lenders in the State.

Pauline Chouinard has joined the team as Branch Manager of the Forest Avenue branch and brings more than thirty years of banking expertise. The Forest Avenue branch features a modern interior aimed at improving the member experience with an open layout offering an inviting atmosphere along with a high-tech design.

The branch is intended to be a resource center for members and the public to utilize one of our banking professionals and high-tech tools.

Plans are underway to engage other financial professionals, such as CPAs, attorneys, realtors and more to assist our banking professionals in offering free education such as seminars on home buying, starting a business, retirement planning, and much more. The branch is open 8:30 a.m.-5 p.m. Monday through Friday, and 8:30 a.m.-noon Saturdays.

For information, contact Mike Grow at 207-862-7661, email mgrow@mainesavings.com or visit www.mainesavings.com.

About Maine Savings Federal Credit Union:

Maine Savings, founded in 1961, is a modern financial institution with state-of-the-art technology offering members a full range of financial services, including RedWallet Checking and CU Promise Home Loans. With nearly 30,000 members, 11 branches, more than 100 employees, and assets of $425 Million, Maine Savings is Maine’s largest credit union. Maine Savings is committed to providing in-person services paired with modern conveniences. Branches are located in Bangor, Bar Harbor (Jackson Laboratory), Brewer, Corinth, Ellsworth, Hampden, Milo, North Vassalboro, Old Town and Portland. Maine Savings continues to serve its membership as a federally insured not-for-profit credit union.