Maine Savings Credit Union Ellsworth ME | Affordable Vehicle Loans & Business Banking

Introduction

At Maine Savings, we believe in the power of community and the strength that comes from supporting one another. Located at 25 Resort Way, Ellsworth, ME 04605, our branch has been a trusted financial partner since 1961, helping our members achieve their financial goals with integrity and care. With a membership base of over 40,967 individuals, we take pride in being a vital part of the Ellsworth community. Under the leadership of our dedicated CEO, Vanessa Madore, and Board President Donald Grant, our team is committed to providing personalized service that meets your unique needs. We understand that financial decisions can be daunting, but with over $792 million in assets and a solid net worth of $61,544,002, we have the stability and resources to help you navigate your financial journey confidently. Our offerings include a wide range of services from checking and savings accounts to auto loans and business financing tailored to empower you at every stage of life. Whether you are looking to purchase your first car or expand your business, we are here to support you every step of the way. While members can visit us at 25 Resort Way, official correspondence should be sent to PO Box 647, Ellsworth, ME 4605. Our branch is equipped with an ATM for your convenience and operates Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 12:00 PM. Join us today by visiting our website at Maine Savings or giving us a call at 207-862-6500. Experience the difference of being part of a credit union that truly cares about its members!

Branch History & Mission

Our Evolution

Over the years, Maine Savings has continuously evolved to meet the changing needs of our members. From humble beginnings, our focus has always been on providing personalized service and innovative financial solutions. Whether it's auto loans, mortgages, or personal banking services, we strive to empower our members with the tools they need to achieve their financial goals. Our branch operates Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 12:00 PM. We offer convenient features such as ATM availability and drive-thru banking for those on the go. We also maintain a shared service center to enhance accessibility for all our members.

Our Mission

Maine Savings is dedicated to enhancing the lives of our members and the communities we serve. Our mission is simple yet powerful: provide affordable financial services while actively supporting local initiatives that foster growth and well-being. We believe that when our members thrive, so does our community. We take pride in our digital advancements, ensuring ADA compliance to make banking accessible for everyone. Our commitment extends beyond traditional banking; we engage in various community outreach programs and partnerships aimed at uplifting those around us. While members can visit us at 25 Resort Way Ellsworth Me 04605, official correspondence should be sent to 25 Resort Way, Ellsworth, ME 4605. If you're looking for a financial partner that truly cares about your success, we invite you to join Maine Savings today! Experience firsthand how we can help you achieve your dreams while making a positive impact in our community. For more information or to open an account online, please call us at (207) 862-6500 or visit our website at Maine Savings.

Branch Location & Accessibility

Comprehensive Services at Your Fingertips

At Maine Savings, we offer a variety of services to meet your financial needs. From personal banking options like checking and savings accounts to auto loans, mortgage loans, and credit cards with rewards, we've got something for everyone. Our shared service center allows members from partner credit unions to conduct basic transactions too! If you ever need assistance or have questions, don't hesitate to call us at 207-862-6500. We look forward to welcoming you at our Ellsworth branch!

Easy Access and Amenities

Finding a parking spot is a breeze with ample space available right outside our entrance. We are proud to offer ADA-compliant features, ensuring that everyone can comfortably visit our branch. If you prefer drive-thru banking, we have you covered with our dedicated drive-thru service for quick transactions.

Operating Hours Designed for You

Our doors are open Monday through Friday from 8:30 AM to 5:00 PM and on Saturdays from 8:30 AM to 12:00 PM. We know how busy life can get, so we strive to provide hours that fit into your schedule. Whether you're stopping by after work or on the weekend, we're here to help.

Member Eligibility

Joining the Maine Savings community is like becoming part of a supportive family that truly cares about your financial well-being. To become a member, you simply need to meet a few friendly eligibility criteria, which generally include living, working, or attending school in certain areas of Maine. This means that if you have ties to our vibrant community, you're likely already eligible! For more detailed information on the specific requirements, feel free to check out our website at . Once you're ready to take the next step, opening an account with us is super easy. Just visit our account opening page at https://my.mainesavings.com/registration , and you'll find everything you need to get started. If you have any questions or need assistance along the way, don't hesitate to reach out at (207) 862-6500. We're here to help you every step of the way!

Business Banking & Commercial Services

Practical Merchant Services

In addition to loans, our merchant services simplify everyday transactions so you can focus on what matters most running your business. Imagine accepting payments seamlessly from customers while managing your cash flow efficiently. Our solutions help streamline operations, making it easier for you to grow without the hassle. Visit us at 25 Resort Way Ellsworth Me 04605 in Ellsworth, ME or call us at (207) 862-6500 to discover how we can support your business journey today!

Tailored Loan Options for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $151 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $25 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $53,406,367, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Solutions

For local businesses in Ellsworth and surrounding areas, we understand the unique challenges you face. Our Business Banking services include merchant services and business loans tailored to support your growth. We are here to assist you in making sound financial decisions so you can focus on what you do best running your business.

Convenient Access

We know that convenience is key when it comes to banking. That's why we offer Online & Mobile Banking, enabling you to manage all aspects of your finances from the comfort of your home or on the go. If you prefer in-person banking, visit us during our lobby hours from Monday through Friday from 8:30 AM to 5:00 PM, or Saturday from 8:30 AM to 12:00 PM. We also provide basic drive-thru banking for quick transactions like deposits and withdrawals. Additionally, our ATM services allow for cash withdrawals and balance checks whenever needed. If you're a member of another partner credit union, take advantage of our shared branch transactions for deposits and withdrawals too!

Get Started Today

At Maine Savings, we're committed to being more than just a bank; we strive to be a trusted partner in your financial journey. With our comprehensive range of services designed for both personal and business needs, we're here to support you every step of the way. Ready to take the next step? Give us a call at 207-862-6500 or visit us online at Maine Savings today!

Personal Banking

For individuals looking to manage their money effectively, our Personal Banking options include both checking and savings accounts. Imagine having easy access to your funds through online and mobile banking, allowing you to check balances, transfer money, and pay bills anytime, anywhere. Plus, with our credit cards that offer rewards, every purchase can help you earn something back! If you're considering a new vehicle or need assistance with existing loans, our Auto Loans & Vehicle Financing are designed to get you on the road quickly and affordably. We also offer mortgage loans and refinancing options that can help make your dream home a reality.

Support for Your Financial Needs

Sometimes life throws unexpected expenses your way. That's where our Personal Loans & Debt Consolidation services come into play. We provide flexible loan options that can help ease financial stress and simplify your payments.

Digital & Online Banking

Key Features

One of the standout features of our online services is the ability to access e-statements. This means you can view your statements anytime, anywhere, without the clutter of paper. Plus, with electronic signature authorization available, you can sign documents securely from home, making processes like loan applications or account updates quick and hassle-free. Need to send money to a friend? Our person-to-person transfer feature allows you to send funds instantly using just their email or phone number. It's an easy way to split bills or pay back a friend without needing cash on hand.

Mobile Banking Made Easy

For those who prefer managing their accounts on the go, our mobile application is here to help. Whether you're checking balances, making payments, or setting up mobile payments for quick transactions, everything is streamlined for your convenience. You can even enroll in mobile payments to make shopping faster and simpler.

Your Security Matters

We prioritize your security in every transaction. Our online banking platform uses advanced encryption to protect your information, giving you peace of mind as you manage your finances. With all these features combined real-time account management, easy access through our app, and secure transactions you'll find that banking with Maine Savings fits seamlessly into your busy life. Join us today and experience the benefits of modern banking!

Financial Strength

Commitment to Innovation

With $57,533,787 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 across various sectors with $6,488 in used auto loans and a total of $611,071,759 in loans and leases available.

Growing Member Base

Total Share and Deposit Accounts stand at 88,928, showing a strong and growing member base that trusts us with their finances. With net shares available for lending and investments totaling $2,121,177, Maine Savings is well-positioned to help you achieve your financial goals. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing or planning for the future, Maine Savings is your trusted partner. Visit us at 25 Resort Way Ellsworth Me 04605 or call 207-862-6500 to learn more about how we can help you achieve your financial goals.

Member-Centric Resources

Members' savings are secured through $226,936,071 in share certificates and $48,659,729 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $50,188,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0 net income, showcasing our ability to manage costs effectively while continuing to invest in our services for your benefit. We take pride in having 155 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team.

Strong Financial Health

With a net worth of $61,544,002, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 776 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 Information

We pride ourselves on offering refinancing options and eligibility assessments tailored to your circumstances. Our knowledgeable staff is available to guide you through all available options so that you can make informed decisions about your financial future. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore how Maine Savings can assist you today! Visit us online or call us at 207-862-6500 for more information on our loan products and how they can work for you.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. We have issued $10,416,116 in used vehicle loans and $27,923,039 in new vehicle loans already helping members get on the road. Whether you're purchasing a brand-new model or a reliable used vehicle, our competitive rates and flexible terms make it easier for you to drive off with the right car.

Business Financing

For business owners, our outstanding commercial loans totaling $53,406,367 provide the capital needed to grow and expand your operations. We understand the unique challenges that come with running a business and are committed to helping you succeed.

Credit Cards and Personal Loans

We also offer flexible terms on unsecured credit card loans, with a total of $10,864,655 in loans helping members manage their finances effectively. Whether you're looking to consolidate debt or handle unexpected expenses, our personal loan options can provide you with the support you need.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $51,960,703. We are here to assist you throughout the entire process to ensure you find the right mortgage product that fits your needs.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This tool is designed to help consumers make informed decisions without the confusion often associated with loan shopping. LendMesh ensures accurate loan comparisons through a robust data sourcing strategy. 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 guarantees that all offers presented are fair and transparent, allowing users to trust the information they receive. The benefits of using LendMesh are significant. First, verified data means that loan offers come from legitimate financial institutions, ensuring full transparency in the comparison process. Additionally, there are no sponsored listings on LendMesh; lenders do not pay for better placement. This commitment to unbiased results empowers users to focus solely on finding the best rates tailored to their needs. With real-time rate comparisons, users have access to up-to-date loan rates from multiple institutions, making it easier than ever to make informed financial choices. Thousands of users trust LendMesh for loan comparisons. One satisfied member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights how LendMesh can significantly impact a borrower's financial well-being. 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.

MAINE SAVINGS FEDERAL CREDIT UNION - Ellsworth, ME