Atlantic Regional FCU Buys Office Building to Become New HQ

SOUTH PORTLAND, Maine—Atlantic Regional FCU has paid $18.1 million for an office building here that will become its new headquarters.

The Class A office building has nearly 100,000 square feet and is located at 600 Sable Oaks Drive, MaineBiz reported.

Atlantic Federal Credit Union, based in Brunswick, is Maine’s largest credit union, with $749 million in assets and 49,000 members, MaineBiz said.

“In a short period we have outgrown the footprint of all of our branches,” Atlantic’s CEO, Scott Chretien, stated in a release. “Finding a facility that allows our support staff to work in a strong one team environment is a benefit for our members. The location is a central location that meets the needs of our staff from Sanford to Topsham. The building is also a perfect fit because it is fully leased, except for space we will occupy.”

 

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