Maine’s University CU Expands FOM to Include Much of the State

ORONO, Maine–University Credit Union, which during its 57-year history has served Maine academic workers, is expanding its field of membership to cover most of the state.

The $476.7-million UCU said it has received approval from the Maine Bureau of Financial Institutions to convert to a community charter and is now open to all residents and businesses in 11 Maine counties: Androscoggin, Cumberland, Franklin, Hancock, Kennebec, Knox, Oxford, Penobscot, Somerset, Waldo and Washington.

The only counties now not served are Aroostook, Lincoln, Piscataquis, Sagadahoc and York.

University CU said it will continue to serve employees, students and alumni of the University of Maine System, Maine Maritime Academy, the Landing School and Northeast Technical Institute. as well as members of the Maine Consumer Council, a chapter of the American Consumer Council.

‘More Than Products & Services’

“With the addition of these counties, we welcome more Mainers to experience UCU, and how we engage in a variety of ways to best serve our members and the greater community,” President and CEO Renee Ouellette said in a statement. “To us, that means more than our product and service offerings, it’s how we care for our members each day and support their financial needs.”

Established on the University of Maine campus in 1967, University Credit Union has approximately 29,000 members.

Now With Free Shipping!

The biggest, best and freshest news reporting in credit unions remains free! Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more. So stop paying those bank-fee-like subscription prices from other so-called “news” publications!

If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!

Please note that after signing up you  may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.

And did we mention it’s free?

 

Section: Standard
Word Count: 483
Copyright Holder: CUToday.info
Copyright Year: 2026
Is Based On:
URL: https://cuto-admin.flux5.ccplatform.net/Fresh-Today/Maine-s-University-CU-Expands-FOM-to-Include-Much-of-the-State