Ellsworth ME Credit Union | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Bangor Federal Credit Union at our Ellsworth branch, located at 175 High St Ste 7, Ellsworth, ME 04605. Since our establishment in 1956, we have been dedicated to serving our community with integrity and commitment. Our credit union proudly supports over 15,690 members, providing a range of financial services designed to meet your needs. At Bangor Federal, we understand that financial stability is essential for everyone. With total assets exceeding $259,617,885 and total deposits of $18,119,686, we are well-positioned to offer competitive rates on loans and savings. Currently, we have a diverse portfolio with a total of 13,723 loans and leases, ensuring that whether you're looking for an auto loan, mortgage financing, or personal loan options, we've got you covered. Our leadership team is passionate about fostering strong relationships within the community. Led by CEO Basil Closson and Board President Robert Welch, our dedicated staff of 42 employees is here to assist you in achieving your financial goals. We believe in not just being a bank but a partner in your financial journey. While members can visit us at 175 High St Ste 7, official correspondence should be sent to our mailing address: PO Box 1161, Bangor, ME 44020. Experience the difference that comes from being part of a credit union that prioritizes member satisfaction and community impact. If you have any questions or wish to explore our services further, please don't hesitate to call us at 207-947-0374 or visit us online at Bangor Federal. Join us today and discover the benefits of membership!

Branch History & Mission

Community Commitment

Beyond banking services, Bangor actively participates in community outreach programs aimed at making a positive impact. We believe in building relationships that go beyond transactions; it's about supporting local events, educational initiatives, and charitable causes that enhance the lives of those around us. While members can visit us at 175 High St Ste 7 Ellsworth Me 04605, official correspondence should be sent to PO Box 1161, Bangor, ME 44020. You can also reach us at (207) 947-0374 during our operating hours: Lobby: M-Th 9am-4pm; Friday 8am-5pm; Drive-Thru: M-F 8am-5pm. We invite you to join the Bangor family and experience firsthand the benefits of being a member of a credit union that cares deeply about its people and its community. Together, let's build a brighter financial future! Visit us today or check out more about our services at Ellsworth.

Our Mission

At the heart of Bangor is our mission to empower our members through personalized financial solutions. We strive to foster financial well-being by offering a range of services, including checking and savings accounts, auto loans, mortgages, personal loans, and credit cards with rewards. Our goal is to help you achieve your financial dreams while supporting local initiatives that strengthen our community. As part of this mission, we understand the importance of accessibility. That's why we provide convenient services such as online banking, mobile banking, and ATM access, allowing you to manage your finances anytime, anywhere. Additionally, we are proud to offer drive-thru banking for quick transactions, ensuring that your experience with us is both efficient and pleasant.

Branch Location & Accessibility

Welcome to Bangor, your friendly neighborhood credit union located at 175 High St Ste 7 Ellsworth Me 04605 in the heart of beautiful Ellsworth, ME! Nestled conveniently near local landmarks, we're just a stone's throw away from great shopping and dining options, making us an easy stop for all your banking needs. At Bangor, we understand that accessibility matters. Our branch is designed with your convenience in mind, featuring ADA-compliant entrances and ample parking to ensure everyone can easily visit us. Whether you're popping in for a quick transaction or need more in-depth assistance, our welcoming staff is ready to help. We're excited to offer you a range of services tailored to meet your financial needs. From personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Plus, our drive-thru service allows you to handle simple transactions without leaving your car perfect for those busy days! Our lobby hours are designed to fit your schedule: Monday through Thursday from 9 AM to 4 PM and Friday from 8 AM to 5 PM. If you need immediate assistance outside of these hours, feel free to use our ATM, which is available for cash withdrawals and balance checks at any time. While members can visit us at 175 High St Ste 7 Ellsworth Me 04605, official correspondence should be sent to our mailing address: PO Box 1161, Bangor, ME 44020. If you have any questions or would like more information about how we can assist you, don't hesitate to call us at (207) 947-0374. We look forward to seeing you soon at Bangor!

Member Eligibility

At Bangor, we believe that everyone deserves the chance to be part of a caring community where your financial well-being matters. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the local area, you're likely eligible for membership. It's our way of ensuring that our services meet the needs of those around us. By joining Bangor, you'll gain access to a variety of financial products designed to help you achieve your goals while enjoying personalized service from our friendly team. To get started on your journey with us, just visit us at 175 High St Ste 7 Ellsworth Me 04605 or give us a call at (207) 947-0374. We're here to assist you in opening your account easily and efficiently. You can also check out more details about eligibility and what we offer on our website at . Join us today and discover the advantages of being part of the Bangor family!

Business Banking & Commercial Services

Merchant Services that Make Life Easier

Imagine running your business without worrying about payment processing. Our merchant services are here to make transactions smooth and efficient. From credit card processing to easy invoicing, we provide tools that fit your daily operations. This means less time on paperwork and more time focusing on what you do best growing your business. Located at 175 High St Ste 7 Ellsworth Me 04605 in Ellsworth, ME, we're ready to partner with you for success. Connect with us today at (207) 947-0374 to explore how our business banking solutions can help achieve your goals!

Tailored Loan Solutions

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $9 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $6 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $950,248, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need quick access to cash? Our network includes ATMs that allow for easy withdrawals and balance checks whenever needed. Plus, with basic drive-thru banking available, quick deposits and simple transactions can be done without ever leaving your vehicle.

Auto Loans & Vehicle Financing

If you're thinking about purchasing a new car or refinancing an existing loan, our Auto Loans & Vehicle Financing options are flexible and straightforward. Picture yourself driving off in your dream car with a monthly payment that fits comfortably within your budget. Our team is here to guide you through every step of the financing process.

Business Banking

Small business owners will find value in our dedicated Business Banking services. From Merchant Services that streamline transactions to tailored Business Loans, we provide the tools necessary for your business to thrive. We understand the challenges of running a business and are committed to supporting your success.

Credit Cards with Rewards

For those who enjoy shopping and want to earn rewards while doing so, our Credit Cards with Rewards are perfect for you. Earn points on everyday purchases that can be redeemed for travel, gift cards, or cash back making every transaction count!

Digital Banking Features

In today's fast-paced world, convenience matters. That's why we prioritize digital banking features at Bangor. With our Online & Mobile Banking, managing your accounts from anywhere is easy and secure. You can check balances, transfer funds, and even deposit checks right from your smartphone saving you time and hassle.

Mortgage Loans & Refinancing

Buying a home is one of the most significant decisions you'll make, and at Bangor, we offer comprehensive Mortgage Loans & Refinancing options. Whether you're a first-time homebuyer or looking to refinance your current mortgage for better terms, we provide personalized assistance tailored to your situation.

Personal Banking

Our personal banking services are designed with you in mind. We offer Checking & Savings Accounts that help you manage your day-to-day finances effortlessly. Imagine being able to easily set aside funds for a rainy day or plan for a big purchase without stress. With our competitive interest rates and user-friendly online banking platform, monitoring your savings has never been easier.

Personal Loans & Debt Consolidation

Life can sometimes throw unexpected expenses your way. That's why we offer Personal Loans & Debt Consolidation services to give you peace of mind during tough times. If you're juggling multiple payments or need some extra cash for home improvements or emergencies, our loans can help simplify your financial life.

Shared Branch Transactions

If you're traveling or away from home, worry not! We provide Basic Shared Branch Transactions, allowing members of partner credit unions to conduct deposits and withdrawals conveniently. At Bangor, we strive to be more than just a credit union; we want to be your trusted financial partner. If you have any questions about our services or need assistance choosing the right products for you, please don't hesitate to reach out at (207) 947-0374. Visit us today and discover how we can help you achieve your financial goals!

Digital & Online Banking

Key Features

Imagine checking your balance, transferring funds, or paying bills right from your phone or computer. Our 24/7 online banking services ensure you have access whenever you need it. With just a few clicks, you can also send money to friends or family through our convenient person-to-person transfer feature. For those who prefer to manage their finances on-the-go, our mobile application is available for download. It's user-friendly and allows you to perform most banking tasks quickly and efficiently.

Security and Convenience

We prioritize your security with reliable measures in place to protect your information. While we don't currently offer electronic signature authorization, rest assured that all transactions are safeguarded. Plus, if you're looking for a paperless option, we provide e-statements that allow you to view your account statements digitally saving trees while keeping things organized. While mobile payments are not offered at this time, our other features help you stay connected with your finances easily and effectively. Whether you're at home or out and about, managing your money has never been more straightforward. Experience the convenience of digital banking at Bangor today! Visit us online at https://www.bangorfederal.com/ to get started!

Financial Strength

Commitment to Growth

With $21,166,965 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals with $2,593 in used auto loans and a total of $173,221,207 in loans and leases.

Efficient Operations

Our operational efficiency is evident as shown by our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We take pride in having 42 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Focused on Member Savings

Members' savings are secured through $79,931,498 in share certificates and $31,399,967 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Member Trust

Total Share Accounts stand at 34,682, showcasing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $572,362. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Bangor is your trusted partner. Visit us at 175 High St Ste 7 Ellsworth Me 04605 or call (207) 947-0374 to learn more about how we can help you achieve your financial goals.

Solid Financial Foundation

With a net worth of $21,239,105, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $818 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Financing Solutions

For those looking for more personalized financing solutions, our total credit lines amount to $22,027,311. This can be an excellent option for managing expenses or consolidating debt. If you're considering refinancing any existing loans, we have options available to help lower your monthly payments and save on interest costs.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $36,205,305 in used vehicle loans and $47,696,181 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new vehicle or a reliable used one, our team is here to assist you every step of the way.

Get Started Today!

Ready to explore your financing options? Visit us at 175 High St Ste 7 Ellsworth Me 04605 in Ellsworth, ME, or give us a call at (207) 947-0374. Our dedicated team is here to guide you through the application process and answer any questions you may have. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let's work together to find the right loan solution that fits your life!

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $27,316,141, make buying or refinancing simple. We provide flexible terms and competitive rates, making it easier for you to achieve your dream of owning a home.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $4,082,608 in loans helping members manage their finances effectively. Our credit cards come with rewards and no annual fees, allowing you to enjoy more while spending less.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights how effective and user-friendly the platform is for those seeking better financial options. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment to using verified sources means that every loan offer displayed is fair and transparent. Users can trust that they are viewing accurate information when comparing rates.

BANGOR FEDERAL CREDIT UNION