Maine Savings Credit Union Portland ME | Best Auto Loans & Business Banking

Introduction

Welcome to Maine Savings, your trusted partner in financial well-being since 1961! Located at 883 Forest Ave, Portland, ME 04103, we have proudly served our community for over six decades, helping our members achieve their financial dreams. With a strong commitment to our members and a solid foundation of values, we are dedicated to providing exceptional banking services tailored to your needs. At Maine Savings, we're more than just numbers. Our total assets exceed an impressive $792 million, reflecting our stability and reliability. We currently serve a vibrant community of 40,967 members who trust us with their finances. Our diverse offerings include personal banking solutions such as checking and savings accounts, auto loans, mortgage financing, and credit cards with rewards that fit your lifestyle. While you can visit us at our branch on Forest Ave, please send any official correspondence to the same address. Our friendly staff is here Monday through Friday from 8:30 AM to 5:00 PM, ready to assist you with all your banking needs. Under the leadership of CEO Vanessa Madore and Board President Donald Grant, we strive to foster a supportive environment where members feel valued. With a strong net worth of $61,544,002 and over 159 employees dedicated to serving you, we are positioned to help you navigate your financial journey confidently. Join us at Maine Savings for personalized service and innovative banking solutions designed just for you. Whether you're looking for loans or simply want advice on managing your finances, we're here for you every step of the way. Call us at 207-862-6500 or visit our website at mainesavings.com today!

Branch History & Mission

At Maine Savings, we are proud to have a rich history that reflects our commitment to the communities we serve. Opened in 1961, our branch located at 883 Forest Ave, Portland, ME 04103 has been a cornerstone of support and growth for our members. Over the decades, we have evolved from a small credit union into a trusted financial partner for over 40,000 members, with total assets reaching an impressive $792,745,417. Our mission is simple yet profound: to provide accessible financial services while fostering strong community connections. We strive to empower individuals and families by offering a range of products including personal banking, auto loans, mortgage financing, and business banking solutions. Our dedicated team works tirelessly to ensure every member feels valued and supported on their financial journey. Maine Savings stands out not only for our extensive services but also for our commitment to community outreach. We actively engage in local initiatives and partnerships that make a difference in people's lives. Whether through sponsorships or volunteer efforts, we believe in giving back to the neighborhoods that have supported us over the years. While members can visit us at our branch location on Forest Avenue, official correspondence should be sent to the same address: 883 Forest Ave, Portland, ME 04103. Our operating hours are Monday through Friday from 8:30 AM to 5:00 PM, making it convenient for you to stop by or give us a call at 207-862-6500. We also understand the importance of modern conveniences. That's why we offer ATM availability and drive-thru banking options for your convenience. Additionally, our shared service center allows you access to your accounts across various locations. As we look ahead, Maine Savings remains committed to providing innovative financial solutions while ensuring everyone feels included in our growing family. We invite you to join us today and experience firsthand the benefits of being a part of Maine Savings Credit Union. Together, let's build a brighter financial future!

Branch Location & Accessibility

Call to Action

We invite you to stop by and experience the warm hospitality and excellent service that Maine Savings is known for! Whether you're looking to open an account or simply have questions about our offerings, we're here for you. Come visit us today at 883 Forest Ave or give us a call at 207-862-6500. Let's work together towards your financial goals!

Convenient Location

Located near popular landmarks and just a short drive from downtown Portland, our branch is perfectly situated to serve you. As you approach, you'll notice ample parking available, making your visit hassle-free. We are also committed to accessibility; our facilities include ADA-compliant features to ensure everyone can comfortably access our services.

Operating Hours

We understand that life can get busy, which is why we offer flexible hours for your convenience. Our lobby is open Monday through Friday from 8:30 AM to 5:00 PM. Need assistance outside these hours? Feel free to call us at 207-862-6500. Our friendly staff is always ready to help with any questions or concerns.

Services Offered

At Maine Savings, we pride ourselves on providing a wide range of services tailored to meet your financial needs. From checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. You can also take advantage of our ATM services and basic drive-thru banking for quick transactions. Plus, if you're a member of a partner credit union, feel free to use our shared service center for deposits and withdrawals.

Member Eligibility

Welcome to the community at Maine Savings! Becoming a member is more than just opening an account; it's about joining a supportive family where your financial well-being matters. To be eligible for membership, you simply need to live, work, worship, or attend school in the areas we serve. This means that if you're part of our local community, you're already on your way to enjoying all the benefits we offer. For a more detailed look at the eligibility criteria, feel free to visit this link. Joining us is easy and straightforward! Just head over to our account opening page at this link, and you'll find all the guidance you need to set up your account. If you have any questions along the way, don't hesitate to reach out by calling us at (207) 862-6500. We're here to help you every step of the way as you embark on this exciting journey with Maine Savings, located conveniently at 883 Forest Ave Portland Me 04103.

Business Banking & Commercial Services

Loan Options That Fuel Growth

Imagine securing a loan that not only helps you purchase new equipment but also allows you to hire additional staff and increase your production capacity. 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.

Merchant Services for Everyday Needs

In addition to loans, we offer merchant services that make handling transactions smoother for your business. From credit card processing to online payment solutions, these services streamline your operations, allowing you to focus more on what you do best running your business. Located at 883 Forest Ave Portland Me 04103, Portland, ME, we invite local entrepreneurs to visit us or call (207) 862-6500 for personalized service tailored to your business needs. Let's work together to turn your goals into reality!

Comprehensive List Of Services

ATM & Drive-Thru Services

Need cash on the go? Our branch offers reliable ATM services for quick cash withdrawals and balance checks. Plus, take advantage of our drive-thru banking for deposits, withdrawals, and other simple transactions without leaving your car.

Business Banking Solutions

For small business owners, we have a suite of services including merchant services and business loans. Whether you're starting out or looking to expand, our dedicated team is here to support your goals every step of the way.

Credit Cards & Rewards

We also offer credit cards with rewards, allowing you to earn while you spend. Imagine using your card for daily purchases and receiving cash back or points for future travels it's a simple way to make your money work harder for you.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we've invested in robust online and mobile banking features. With tools like mobile payments, person-to-person transfers, and access to account statements through e-statements, managing your finances has never been easier. You can check balances, transfer funds, or pay bills right from your smartphone or computer.

Personal Banking

Our personal banking services cater to various aspects of your financial life. We provide checking and savings accounts that make managing your money straightforward and convenient. Need a new car? Our auto loans and vehicle financing options can help you get behind the wheel without breaking the bank. If you're dreaming of homeownership, explore our mortgage loans and refinancing options tailored to fit your budget. For those unexpected expenses or consolidating debt, our personal loans are just what you need.

Shared Branching Benefits

As part of our commitment to accessibility, we participate in shared branching, which allows members from partner credit unions to perform basic transactions like deposits and withdrawals at our location. At Maine Savings, we aim to be more than just a credit union; we want to be your trusted financial partner. For any questions about our offerings or if you're ready to open an account, give us a call at 207-862-6500 or visit us online at mainesavings.com. We look forward to helping you achieve all your financial goals!

Digital & Online Banking

Key Services

With our online banking platform available at https://mainesavings.com/ , you can access your account 24/7. This means you can check your balance, pay bills, and transfer funds whenever it suits you. Plus, our electronic signature authorization feature allows you to complete transactions securely without needing to visit a branch. For those who prefer going paperless, we provide e-statements, which let you view your account statements online instead of waiting for them in the mail. It's not only faster but also helps reduce clutter.

Mobile Access

Our mobile application makes banking even more accessible. With features like mobile payments, you can make purchases directly from your phone no need for cash or cards! And if you want to send money quickly to friends or family, our person-to-person transfer option is just a click away. Rest assured, all these services are backed by top-notch security measures to protect your personal information and keep your finances safe. At Maine Savings, we're committed to giving you easy access to your finances while ensuring a secure experience. So whether you're looking to bank from home or while out and about, we've got the tools you need to stay in control of your money!

Financial Strength

Committed to Growth

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 your financial goals with $6,488 in used auto loans and $611,071,759 in total loans and leases.

Growing Member Base

With a total of 88,928 share accounts, it's clear that more people trust us with their finances every day. 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 883 Forest Ave Portland Me 04103 or call (207) 862-6500 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also 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, committed team.

Secure Savings Options

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.

Strong Capital Foundation

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 Options

If you're considering refinancing or need assistance with eligibility options for any of our products, our team is ready to help you explore your choices. Our branch is located at 883 Forest Ave Portland Me 04103, and we're available Monday through Friday from 8:30 AM to 5:00 PM. For any inquiries or assistance regarding our loan offerings, feel free to reach out at 207-862-6500. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Maine Savings, we believe in empowering our members with clear information and supportive service as they navigate their financial journeys.

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $104,161,161 in used vehicle loans and $27,923,039 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates so you can find the right fit for your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $53,406,367 provide the capital needed to grow and expand. We are committed to supporting local businesses by offering customized financing solutions tailored to your specific needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $51,960,703, make buying or refinancing simple. We're here to guide you through the process and help you secure a loan that fits your lifestyle.

Unsecured Credit Card 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. These cards provide an excellent way to cover unexpected expenses while building your credit score.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency in your search for loans. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions. The goal is to provide unbiased results so that you can compare options fairly. - Real-Time Rate Comparisons: With up-to-date loan rates from multiple institutions, LendMesh empowers users to make informed choices quickly. Thousands of users trust LendMesh for their loan comparisons. One member shared their experience: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Such testimonials highlight the effectiveness and reliability of this comparison tool. If you're ready to find the best rates for your needs, compare real-time loan offers today at LendMesh. 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.

Ensuring Accurate Loan Comparisons

LendMesh ensures that the loan data presented on its platform is both accurate and reliable. The information 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 transparency guarantees that users receive fair and competitive offers.

MAINE SAVINGS FEDERAL CREDIT UNION