SCARBOROUGH, Maine — Dirigo Federal Credit Union has opened its new Scarborough branch, marking the credit union’s fifth location and its first new branch expansion in decades.
Designed and built in partnership with The Element Group and GTD Architects, the new branch reflects Dirigo’s continued investment in modern banking experiences and community-focused service across southern Maine.
Located at 424 Payne Road, the Scarborough branch was developed through a hybrid renovation and expansion of an existing multi-tenant building. When design work began, the structure had been largely gutted down to its framing, creating an opportunity to reimagine the space while strategically preserving portions of the original building to control costs and maximize long-term value.
Rather than a full teardown, the teams chose a selective demolition and expansion strategy, removing approximately one-third of the structure to allow for a new slab, increased square footage, and drive-up services. The remaining portions of the building were redesigned to support the branch and accommodate future tenants, creating an opportunity for long-term passive income.
“From the beginning, this project was about making a smart, sustainable investment that supports our members today and positions Dirigo for the future,” said Kevin C. Joler, Executive Vice President and CFO. “The Scarborough branch allows us to grow responsibly while delivering a modern, welcoming experience in a market where we continue to see strong momentum.”